PAGE TWO
THE ENTERPRISE
MMfahed Brery Tuesday and Friday by The
ENTERPRISE PUBLISHING CO.
WTMrIAMSTON. WORTH CAROLINA.
W. C. Manning Editor
SUBSCRIPTION RATES
(Strictly Cash in Advance)
IN MARTIN COUNTY
One year
Six months
OUTSIDE MARTIN COUNTY
_,, r 12.00
One year . M
Six montha ~ —— -————
No Subscription Received for Le»« Than 6 Monthi
Advertising Rate Card Furnished Upon Requeit
Entered at the post office in Williamston, N. C.,
as second-class matter under the act of Congresi
of March 3, 1879.
Address ail communications to The Enterprise
and not to the individual members of the firm.
Friday. August 7, 1931
* The Danger of High-Priced Tobacco
Outside of our old debts, who needs to care wheth
er tobacco sells high or not? It may be iM-tter if it
doesn't sell so high. There is no doubt but that high
priced tobacco is largely responsible for our downfall
and present hard times in this section, because to
bacco went so high that folks |uil making a living
and went to making tobacco with which to buy a liv
ing. Then tobacco went down, and we were not ab'e
to buy a living. Now that we have swung back to
making a living again, let's not let high-priced to
bacco swerve us from the sane way of farming for
a living.
1
A Hard Luck Organization
The Federal Farm Board has had more" hard luck
than any other organization in many generations.
The purpose of the board was to take the surplus
crops from the markets when they are glutted and
hold until a scarcity of the product occurred.
The board seems to have made an honest effort to
do the right thing .Ind help the farmers, They bought
over a million bales "of cotton for 15 cents which is
now worth only 8 cents. They bought hundreds of
millions of bushels of wheat which it can not now
get rid of for half its cost. So the $500,000,000 re
volving fund is all tied up and prices are down.
The farmers are protesting against the b lard sell
ing its wheat and cotton, which they say will fur
ther depress prices.
The politicians are falling in line in protesting
against the filing by the board. The board now has
a chance to make a fair sale to Germany by extend
ing credit, but it is opposed by. the very fellows They
are trying to help. >
The farmers of this country need no special favors.
All he needs is an equal showing. One of our great
est troubles has come from the fact that our Govern
ment is trying to do too much for everybody. It
lets one gang gobble up all of our water power, which
is worth billions. Our oil lands Iraye been taken over
for a song, our coal lands are in the hands of the
barons. In Tact, almost everything of all kinds in
our country that should have been retained and pre
served by our government has I>een taken over by
exploiters and guzzled by them until they have formed
an invincible financial government that rules the |>eo
pie and directs the government.
The farmers made a mistake when they asked for
special favors. What they need to do is to firmly de
mand the withdrawal of governmental favors to any
person, firm, or corporation, or any kind of business
or profession.
Special protection for manufacturers, shippers, in
vestors, organized trusts, and great banking interests,
who have gradually but systematically sapped the life
out of the small private business concerns of the
country, especially the farmer, is our greatest enemy.
Divorce Among the Rich
„If the saying, "Husbands, love your wives; and
wives, love your husbands," is of any value to the
human family, then the blessing comes to the pior
much oftener than to the rich.
It seems that the ratio of fighting, scratching, in
fidelity, and divorcing is 10 times as great among the
rich as it is among the poor.
The Reynolds row and the Vanderbilt divorce, both
aiming thi week, is pretty strong evidence that boys
and girls are better off when they have obligations,
cares, and work, than those who are raised in mogey
bags—because money does not buy honesty, truth,
nor character, things that all men and women who
marry should have.
Candidate Grist's Platform
„ Candidate Grin has two very weak planks in his
platform. - - . 1 ' _
His tax theory will never hold water, apd is nothing
more than a gesture for farmers' votes, and his bonus
plan is a bid for sympathetic votes and can not be
darned in any way with constructive statesmanship.
We have no faith in any man'* platform that will
carry nobody over, except the candidate himself.
II Mr. Grist had put a strong anti-trust plank, and
• tariff-adjustment plank, wide and strong, in his
platform, it would have at least had the mark of
rtwfffftfbecause thw things really mean re
lief to the people.
fea
wmlimd ■vmv
TOCTPAV AND ratOAT ,
New York's City Government
The country has never thought the whole truth
came out in the investigation of the shortcomings of
Mayor Walker by Governor Roosevelt's committee.
Roosevelt's statement following was shrouded with
doubt in the minds of the public.
The statement was apparently sugared, doubtless
because Mr. Roosevelt wants to use New York's Har
lem in the next national convention, which made it
hard to see Tammany's faults.
Now there are intimations that New York gang
sters are safer around certain policemen than at any
other place in the city. Nobody seems to doubt the
statement that New York's city government is full
of graft, and some of it goes high up in political coun
cils.
ITie recent shooting of children on the streets of
the city in the day time was not so strange, but on
the next day, when a policeman had to be stationed
on every* corner to make vigilant watch, and cars were
l*rmitted to drive through the streets with gangsters
hanging on and shooting up everything in sight, it
does raise suspicion. Perhaps the governor or the may
or wl| make some statement later, especially if the
police ever catch anybody.
Producer Pays Too Many Profits
Now comes the railroad unions, with hundreds of
"thousands of their good fellows without jobs, asking
higher freight rates so they will get their old jobs back
again.
This will not cure the trouble, however, as it will
do nothing more than place extra burdens on some
body else no In-tter able to bear it than the railroads
are.
One of our present real troubles came about be
cause too many profits have been charged to the small
productive unit of our population. The man who has
gone to the field, the fishery, the factory, or the mine
has been keeping too many other fellows in jobs.
This has gone on and on until the mudsill foundation
of business has been crushed, and the whole structure
has fallen.
When the cotton farmer produces a bale of cotton,
and the merchant has to get his living from it as it
passes; then the railroad has to take enough to keep
its wheels turning, thence it goes to the factory, where
the operators have to get a profit after paying all the
workmen who run the mill. The railroad then gets
another swi|>e at it as it goes to the jobber and whole
saler, who also get "their'n." Then it goes back to
thfc retailer, who sells the same cotton to th • farmer's
wife in the shape of gihgham. So, by the time the
cotton makes the circuit, so many people have had
to get a living out of it that the farmer can't buy it
which cripples the retailer, the wholesaler and jobber,
the railroad, the factory owner, the long line of pov
erty-stricken factory workers, the railroad again, and
the cotton buyer.
So we can see that when the producer is ridden
until he is unable to carry his load any 1 nger, and
everybody else has to get down and walk a while, we
naturally hear a lot about hard times.
Our business structure has been built up like a
house with no underpinning and no braces in it. It
can't stand any kind of a storm. We must have more
self-supporting business structures and not to lean on
the other fellow's business entirely.
Too many big profits have been charged up against
the producer, it has caused his business to topple
over and then all the other fellows had to go, too.
The cure is for more men to make their own living.
V.
North Carolina First Again
According to the current issue of the News-Letter,
publication of the University of North Carolina, this
State leads all other States in the Nation in the use
of commercial fertilizer. The amount paid annually
by the farmers of North Carolina is $40,000,000.
This one item was greater last year and amounted
to more than the entire cotton crop and was much
more than it will cost to run all the schools in the
State during the coming year. The News-Letter says
this is one first that we should get away from. They
do not advocate the consumption of less fertiliter at
the present time. "We can not farm in this State to
day without the use of it in enormous quantities—
because we have worn out our land by a cropping sys
tem,"
The News-Letter continues, "That is why every farm
system that has existed over a long period of time
has been based on livestock as the agricultural mud
sill.
"China, for instance, has farmed for more than
4.000 years and her soils today are highly productive.
North Carolina has farmed less than 200 years, and
at the end of this short period we find it necessary
to apply $40,000,000 worth of guano to produce crops
worth about five tynes that amount. And the longer
we "crop" the more food we shall have to supply
the plants in order to get the same yield.
"Any sound system of fanning involves maintain
ing and improving the soil. Our cropping system ex
hausts the plant foood, and the clean culture method
necessary in cotton and tobacco growing particularly
very often causes greater tones from erosion than from
cropping.
"A $40,000,000 fertilizer bill b a real handicap to
North Carolina. Here is a first that we want to get
away from. That amount of money will run all pub
lic schools in the State a year and a half. What can
be more arresting than the fact that the gross income
from our cotton crop last year barely paid our guano
bill."— Mecklenburg Times.
4 - jSmi'
THE ENTERPRISE
SAVINGS FUNDS
BURDEN BANKS
—• —
Fund* Go To Bank When
Owners Can Find No
Good Investments
-
Richmond. —Then accumulation of
funds in time and savings account* ih'
some banks of the Fifth Federal Re-j
serve District is becoming "more or!
less of a burden," the monthly review
of the Federal Reserve Bank of Rich
mond says.
Increase in savings and time
its, it is staled, is in some measure;
due to the fact that investment funds
have been unable to find some prof
itable outlets in recent months. The
members banks themselves can not in
vest all the«e funds, with the result'
that payment of the regular interest
rate on savings deposits it> a burden.
A brightening phase of the business
condition? in the Fifth Federal Res
serve District, which includes North
Carolina, was the smaller number of
commercial failures. During June 112,
of these were reported, as compared
with 135 in June, 1930. The liabilities
in this year, however, were slightly
higher than in 1930.
During the first six months of 1931
there were 948 failures in the fifth dis
trict, compared with 844 in the first
six months of 1930. However, (he lia-
NOTICE OF SALE OF REAL
ESTATE
North Carolina, Martin County.
Under and by virtue of the power
and authority contained in that certain
deed of trust executed to me on the
18th day of July, 1921, which is of
record in the office of the register of
deeds for Martin County in book G-2,
at page 337, default having been made
in the payment of the indebtedness
thereby secured, and at the request of
the holder, the undersigned trustee
will, on Thursday. August 6th, 1931,
at 12 o'clock m., at the front of the
post office in the town of Oak City,
North Carolina, offer for sale to the
highest bidder, for cash, the follow
ing described tract or parcel of land
lying, being, and situate in Goose Nest
Township, Martin County and State
of North Carolina, and fully described j
as follows: j
Being all of that certain tract or,
parcel of land in Goose Nest Town
ship, Martin County, bounded as fol
lows: Bounded on the north bv Roan
oke River, on west S. G. Gorham, on
the south by county road, on east by
Joe E. Williams and containing 26
acres, more or less.
This 6th day of July, 1931.
ST. H. JOHNSON,
jy7 4tw / Trustee.
J. S. Livernion, Attorney.
W 1 ' '
Announcing The Personnel
Of The
Roanoke - Dixie Warehouse
Williamston, N. C.
V-* ' • '
Messrs. W, T. (Uncle Buck) Meadows and Jake W. Berger will operate the old reliable Roanoke-
Dixie Warehouse, Williamston, N. C.—the House with an acre of floor space and the best lights any
where in this section. This house has enjoyed the largest patronage of any warehouse in this part of
North Carolina for many years—and their customers especially cover Martin and the adjoining counties,
and we trust by hard work, close attention to every pile of tobacco entrusted to our care to merit this
confid4nce that you have given us before, for the coming season.
■'' . v •
Mr. Jake Berger, the new member of the firm, may be new to the citizens of Martin and adjoining
Counties as a m;(n —but he is not new to the tobacco trade, haying been in the business for 40 years,
operating warehouses at some of the larger markets in North Carolina, South Carolina, and Kentucky
—a f|ne of judge of tobacco, a good mixer with the farmers and buyers, and what we call an "all-around
tobacco man."
Everybody knows "Uncle Buck" Meadows for his long years of experience in the tobacco game, and
the confidence and good will of the farmers in this section.
Mr. Hubert Morton will assist Messrs. Meadows and Berger as assistant sales manager and general
solicitor for the Roanoke-Dixie. Everybody knows Hubert, and he stands In with both farmers and
buyers—sticks by the farmer—and always sees that he goes home satisfied.
Mr. Dick Thompson, one of the A-l class of auctioneers, will be our auctioneer the coming season.
Mr. Thompson has had 15 years' experience dn the larger markets, spending the last 5 years in Green
ville. We were fortunate in securing Mr. Thompson—not dnly as an auctioneer, but a fine judge of to
bacco—well liked by buyers and farmers. Hear him—it will do you good.
We will be assisted by capable office force and floor managers, as well as competent solicitors in the
field. To know the joy and feeling of being well pleased with a tobacco sale—sell with us.
Yours to please,
» ROANOKE-DIXIE WAREHOUSE.
Meadows & Berger, Proprietors
WILLIAMSTON, N. C.
"Make Our Warehouse Your Warehouse" Open Day and Night . Opening Sale September First
I .
WfU-lAMffTON
Hyrw CA miftA
I bilities of the 1931 failures totaled but
' $19,986,263, while those for last year's
( first six months totaled $22,165,104.
One unfortunate phase of economic
conditions reported on is the statas of
the increasing number of unemployed.
Those who lost their jobs last year, in
many cases, had surpluses to carry
them through, but these surpluses have
, been exhausted and the added number
j of unemployed is increasing'the prob-
II em, the report says. This means
: more charity work, and the calls upon
| charitable and welfare agencies are
I steadily increasing in number.
I
Hyde Farmers Believers
In Living At Home
♦
Nearly every farmer in Hyde Coun
, ty has from one to two good family
cows and every farm' produces an a
bundance of feed and forage crops,
says J. G: Blake.
NOTICE OP SALE
Under and by virtue of the authority
contained in that certain deed of'trust
executed to the undersigned trustee
' on the 3rd day of July, 1923, by W. G.
Anthony and wife, said deed of trust j
■ being of record in the public registry j
of Martin County in book H-2, at page j
273, same being given to secure a cer
tain note of even date and tenor there-]
with, and the stipulations therein con
tained not having been complied with,
at the request of the parties holding
said note, the undersigned trustee will,
on the 28th day of August, 1931, at 12
o'clock m., in front of the courthouse
door in the town of Williamston, N. C.
offer to the highest bidder for cash, at
I public auction, the following described
real estate:
First tract: A tract of land in Ham
ilton Township, Martin County, North
Carolina, containing 1,299 acres, more
or less, and adjoining the lands of
John Ayers, W. A. Beach, W. A. Peel,
Winbury Land and Salsbury Land,
Fat Men
Mr. W. R. Daniels of Richmond
Hill, N. Y. City, writes, "Have fin
ished my second bottle of Kruschcn
Salts—Results Removed 3 inches
from the waistline —am 25 percent
more active—mind is clear—skin
eruptions have disappeared—am 46
years old—feel 20 years younger."
To lose fat take one half teaspoon
of-Krusrhen Salts in a glass of hot
water before breakfast every morning
—an 85 Cent bottle lasts 4 weeks—
Get it at Clark's Drug Store or any
drug store in America. If not joyfully
satisfied after the first bottle—money
back.
which i* now occupied by Stokes, and
Roanoke River, and more commonly
known aa J. B. Anthony land.
Second tract: A house and lot ifl the
town of Hamilton, N. C, on the west
side of Front Street, adjoining the
lands of O. T. Everett, die Salsbury
land, and being the same house and
lot that was conveyed to J. B. An
thony by C. H. Baker, containing 8
acres, more or less, and known as
Weathersby place.
All my right, title and interest in my
father, J. B. Anthony's estate, wheth
er the same may be real, personal, or
Condensed State of Condition
I" Branch Banking I
& Trust Company I
WILLIAMSTON, N. C.
"THE SAFE EXECUTOR;; I
June 30, 1931
■ ASSETS
§§f Loans and discounts $2,848,041.09 s
1 Banking houses, fur. and fix. 110,366.95. I
| Other stocks and bonds 112,600.00
gf U. S. and N. C. Bonds 1,479,234.38 B
I Marketable municipal bonds 126,000.00
■ Cash and due from Banks 1,360,256.66
($6,036,499.08
LIABILITIES
Capital stock $ 400,000.00
I=l Surplus 200,000.00
(Undivided profits 94,332.36 ■
Reserve for Interest and Dividends.. 13,500.00 H
Reserve for purchase of Elm City
Branch 50,110.93
(Deposits 5278J555.79
$6,036,499.08 I
H Total Cash and Marketable Bonds $2£65,491.04 I
I Total Deposits 5278J555.79
56 Per Cent of Deposits Is In
Cash and Bonds
I SOUND BANKING AND TRUST SERVICE
FOR EASTERN CAROLINA
llillllllllllllll
Friday, August 7,1931
mixed, wherever the same may be lo
cated.
This the 27th day of July, 1931.
WHEELER MARTIN.
jy3l 4tw Trustee.
Relieves a Headache or Neuralgia la
30 minutes, checks t Cold the first day,
and checks Malaria la three dm
666 SALVK FOR BABY'S COLD