Newspapers / The Enterprise (Williamston, N.C.) / Jan. 8, 1937, edition 1 / Page 2
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The Enterprise k j ?fc? PUBLISHING CO. NOKTH CAROLINA SUBSCRIPTION RATES I m Advuct) IN MAKTIN COUNTY I J% OUTBinK MAIITIM CQUMTY m _ UN I lor Lw Than ? Month Card Punished Upon Ragaaat at the post office in WiUiamaton. N. C., as wrmsd rfls? msttcr under the act of Congress of March A IV9 si cci?numcstion> to The Enterprise itiers of the firm. Friday, January 8, 1937 Sales Tax on Tobacco There is a marked dinrrenie of opinion as to the value of a peopused tax of 20 per cent on tobacco sales madr by tanners It is a certain fact that to bacco taws aoc collected by the Federal government and by Slates are excessivr. but it must be admitted that the 20 per cent sales tax !>??* proposed is de signed for thr Use of the farmer At the present tune the tobacco tax is duni|ied into the treasure to support "senators and others on their good-nil: tours around 'he * of 1(1. in Anna, and, ???, even to Kaiamar -o. not to mention the countless agencies of rsoernroeoi far removed from the farm. Rushing to the aid of thr farmer, the boys in the big cities arr citing ruination for the farmer if the 20 per cent tobacco sales is levied Frubably they real ate that tobacco cannot cam an increased tax load, that it thr sales tax is levied then a reduction of oth er taxes may be nrcrsxary. leaving the treasury with one of its sources of income impaired It mil be that the tuo taxes are not to be associat ed. but it thr sales tax mill aid the farmer, and it is being proposed sulriy with that in mind, then slap it no There may be some good in taxation, after all. The Safest Plan Eastern North Carolina farmer - are already giving ibetr }lln?c lo ihr preparation- (or another cro|>, and the todiei'. <1- are that 99 out of 100 individual farmer? are plantting increased aitease?, hoping thai the otbrr fellow mill reduce hi?, e ther voluntarily or at the directum of some control |?ograui that is not at all likely for this year The revival of '.he three V? i> being talked Ihe 1957 \ C Legislature t- expected to consider the to bacco farmer? problem of overproduction, but other than the.joil-oihe't nioo |fogram and it? pleading?? for ?anr farming there t? little ho|?- ju-l now for any lectsl^en that mill affect the 1957 crop. The chance? for sar^teed t ? ?a?< i jeicr? thi? mining season can not beioieadered favorable, for just as certainly a? there ?> a Ice crop three is certain to lie a low market neit fall It is posb* that jrue? will lie fair, or even bet ter next fall than they were last season, but the market can only absorb so much, and action fur control to go mto effect tn I9.?h will affect |>rice? this coming season But is more .likely that the same old .situa tion will continue to exist: that is, a big crop and lil tlr prices. _ The safest pian briore the tobacco farmer at this time is to exercise judgmrnt and use discretion by not planting hi? iront yard and every other available foot of land under his cootrul in tobacco this coming season. After all. the production problem is that of the farmrr. ar-i iu>t so much aid and no more can be expected liven the f ederal Government or by the tobacco-growing Mate? combined The sooner tobac co grow*r?_ rrxlue tiu? fact, the more promising the future wi? be for them 1 he day is fast gassing vhen one tarmrr etiyys a program where he plants large . to tobacco while his neighbor plants little in And the idea that some farmers posses? where they feel they will profit at the exgiense of oth ers mitt be given up. Tht section, irwnard a? .me of the leading to hncco-prodacing area? in the world, will eventually plant bat lew acres of the crop. Tobacco growing nil be ccnaonar suicidr Control jHograms may de lay the end, but the final answer is in the hand? of the fanners themselves There was once a time when hr rawed with wane degtw of cartainty? with the panic of a fair money return That r has passed, bat fanners, as a whole, still believe e> in yeais guue by they T the way to do It is to plant : every year. The only solution that I the problem is for each farmer to plant a Kaaonabir amount of tobacco or just so much that wi ht tangly into a aae program of diversified farm- - any be effected for the 1937 ho depends on any such sys ia a big way. The President's Speech el President Ropsevelt to the joint ay, January 6, ooo of this nation, and ia one that strengthened the grip of democracy in world to a greater extent than at any previous ti The President 's speech dealt with many He even pointed out the pcapery place for Use Su preme Court of the United States >a stop. His address was so convincing and carried such force that we may expect to see great good come to our government from such leadership. The old idea of certain crowds directing the management of every business and fixing the price and profit an everything it about to si army. Auto Tags Elkm Tribune That the General Assembly which convenes next week will consider a reduction of the automobile li cense fee is not questioned. Governor Hoey, while cautious concerning the extent of the cut he would tavor, in his campaign indicated that he would not object to shaving the toll a bit. Motorists who have to dig do-.vn in their jeans for the price of license tags immediately after wrest ling with Santa Claus?and with this fresh in their minds?may again ask that a more convenient date than January 1 be provided as a due date. The last legislature was given the opportunity to come to their rescue but muffed it. To some, one time for paying is as good as another, but for others, and there are many of these, this busi ness of digging up the price of a license tag immedi ately, alter having run the gauntlet of Christmas buy ing comes pretty hard. A number of other states have changed the due date to April aud find that their citizens have been extended a courtesy that they appreciate, without messing up the state's collection machinery to any noticeable extent. It is reasonable to assume, then, that North Carolina could do this too without any great sacrifice Kut while this question is likely to accompany the nnMxis.il for a reduction in nriie. the safest bet is that the legislature, as usual, will pigeon-hole it. If the lawmakers, however, make the tag price low enough, (hose of us who are not positioned to plank down the fee just any old time, will arrange with our ixrsonal shylock for the cash, and not grumble any more about it. We have the notion that there are a sufficient num ber of tag buyers who find this rush on their pocket books a definite inconvenience, to justify the State's interest. Enough cars are stored for a period be cause of this to decrease the gas consumption from which the real revenue comes, to the |>oint where the ihangr in date would be justified Brighter Prospects for 1937 MotraHhm Smi-Herald Tlx- close of 1936 and the beginning of 1937 made "open season" fur predictions and forecasts. Invari ably they struck an optimistic note: it might be said it has I wen an enthusiastic chorus. Roger Babson, whose business prognostications rank high in America, is one of those who paints a rosy picture for the coming year. In fact, it is so opti mistic that were it not for the fact that Babson has pmveH in he correct in more than 90 per cent of all? his predictions for the past IS years, one might be inclined to the view that he is a little over-enthusi astii His record as the world's foremost business analyst and forecaster renders his predictions of great value to American business. He is credited as being the only one of his profession to predict the crash of 1929 six or eight months before it came. Real estate, says Mr. Babson, willstage a comeback and there wil actually be a shortage uf skilled labor. It is worthy of note that he predicts an unprecedented boom in home building. Recent estimates of the Fed eral Housing Administration slate that the I'nited Stales needs to build a minimum of 425,000 homes during the coming year. When real estate is active and home building on the upgrade, most all lines of business are good. Congress, says M. Babson. will not do anything bamful to business, and Fedeal finances will show a geat impovement. In making his pedictions, M. Babson is not un mindful of influences that must be combatted and that might, to some extent at least, retard our ex pected progress in business and industry. He refers, of course, to the labor situation. -With an administra tion that received labor's support almost 100 per cent ( in the November election, with living costs rising, with two rival factions contending for supremacy in organised labor and with a considerable amount of unrest in labor circles, Mr. Babson sees a possibility of some hampering of the expected prosperity from this quarter. However, there is hope that this situa tion may not become as acute as the present strikes would seem to forecast. fcven if the Babson prediction should be too rosy, the psychological effect of the outlook as outlined by such a recognised authority will be of inestimable value as America returns to a period of general prus perily. In One^Book Coldsbaro Xews-Argns CRie book holds aH the laws far the people of Sweden. A recent book just read by us states that in most Swedish homes two books are found dose together. One is the Bible. The other is the book of law. The ordinary man or woman can turn to the book of law for guidance in ways of this world and find it just as clearly set forth as the Bible sets up guidance for the world to oonfg. And the Swedish people do sc. tuni to the law hook for Information and lion. COW FOB SALE: JERSEY COW. about 3 years old and will give 4 y-"~? milk each day. Will be fresh within next few days. T. W. Holli day. Jamesville, M. C. jS 2t FOR SALE ON MONDAY, JAM ary 11. 1937. at 10 o'clock, all feed, household and kitchen furniture, mule, tools, etc. F. L. Savage, Route 2. Robarson ville, N. C. jS It NOVICE OF "" Under and by virtue of the power of sale contained in that certain deed at trust executed by Frances Har rell on the 13th day of July, 1932, and of record in the public registry at Martin County in book C-3, at page 830, said deed of trust having been given for the purpose of se curing notes of even date and tenor therewith, and default having been made in the payment of said indebt edness and the stipulations, contain ed in n.L sa-u deed d ::?i i.d l.-r. ing been complied with, the under signed substituted trustee will, on Monday, the 23th day of January, 1937, at 12 o'clock m.. in front of the courthouse door in the town of Williamston. North Carolina, offer for sale at public auction, for cash, the following described real estate: First tract: Adjoining the lands of Z. M Whitehurst and others and beginning at a stake on the north side of the road leading from the town of Conoho to Tarboro, N. C.; thence a northerly course at right angles with said road 70 yards to a slake; thence a westcmly course at right angles 35 yards to a stake; thence southern iy course at right angles 70 yards to a stake, thence an easternly course 35 yards to the beginning, containing 1-2 acre, more or less, and being the same premises conveyed to Sallie A. HarreLl by Z. M. Whitehurst and wife, Rebecca F. Whitehurst, by deed dated the 10th day of March, 1893. and of record in the public registry of Martin Couuty. in book LIU, at page 172 and 173. which said deed is hereby referred to for the purpose of giv ing a belter description of said lot of land Second Tract That liact of land commonly known and described as the Taylor farm, and adjoining the Z M. Whitehurst, Tom Savage, the Mary W. House tract now owned by 111* WUHP Of 11 K H<n*l-ell. /eb liy nian, Everett and Daniel and others, and containing 200 acres, more or less, and being the same land and premises allotted to Sallie A. Har rell as her dower in the land of her deceased husband and of record in the office of the clerk of the su perior court of Martin County in the Book of Decrees No. 6, at page 372, which said record is hereby re ferred to for a better description of said tract of land. Dated this the 22nd day of De cember. 1936. WHEELER MARTIN, )1 41 w Substituted Trustee. Notice North Carolina, Martin County, Tray LMtaiUna. Elbert Jenkins, Laat Four their Next Friend, A Under and by virtue of an order of resale made by L. B. Wynne, clerk of the superior court of Mar tin County, in the above-entitled proceeding, the undersigned commis sioner will, on Thursday, the 14th day of January, 1987, at twelve o' clock noon, in front of the Bank of Kobersonvtlle. in the town of Rob eraonville, offer for eale to the high est bidder, for cash, the following described real estate, to wit: first tract: Being lots Nos. 8. 8. 10, 11, IX and 18 of the subdivision of the L. D. Roebuck land, as sur veyed and mapped by T. W. Sec rest, containing 10.49 acres, and also one house and lot and one vacant lot ad joining and lying on the Parmele and Robersonville road. Second Tract: Reginning on the mill dam, a corner of James O. Jen kins, and running 862 W. 249 poles to a pine, Lyda Coburn's line, thence ~ 88 1-2 W. " _ S. 88 1-2 W. 89 poles to a stake in Sassafrasa Point, thence N. 52 1-2 tei gum, run of the Matthew Parker swamp, in McNelson line, thence down the various courses of laid swamp to the beginning, containing, by esti mation. 96 acres, be the same more or leas, this being the same parcel of land that W. A. Jenkins purchased of James O. Jenkins and Jesse L. Jenkins by deed dated the 38th day of September. f?88. A deposit of ten (10) per cent of the amount bid will be required of the successful bidder or bidders at the sale This the 30th day of December, 1836. ELBERT S. PEEL, jl 3tw Commissioner. CONDENSED STATEMENT OF CONDITION Gnaranty Bank & Trust Co. Greenville, Bethel, Belhaven, Elizabeth City, Snow Hill, Wash ington, Williamston, North Carolina December 31, 1936 RESOURCES: Cash and in Banks $2,981,803.63 U. S. Bonds 845.265.83 N. C. Bonds 142,460.30 Municipal Bonds 879,952.13 Total Cash and Marketable Bonds $ 4,846,481.89 Other Bonds and Stocks 16,600.00 Banking Houses, Furniture and Fixtures $ 142,186.68 Less Depreciation 27,495.66 114,694.02 Other Real Estate _ 624.62 Loans and Discounts 1,771,097.69 TOTAL RESOURCES $6,752,498.22 LIABILITIES: Capital Stock ? Common Capital Stocks ? Preferred Surplus Undivided Profits Unearned Interest Reserve Interest Thyps etc Reserve Dividend Preferred Stock Reserve Preferred Stock Retirement Fund Dividend 1936 Common Stock DEPOSITS TOTAL LIABILITIES WE APPRECIATE THE FINE PATRONAGE OF OUR FRIENDS AND CUSTOMERS AND HOPE FOR THEM A HAPPY AND PROSPEROUS 1937. mum got to start the tow HNS RIGHT AND THAT GOES FOR TOBACCO PLANTS ESPECIALLY Whether dog, or pig, or horse, everybody knows the young 'uns have to be properly started oil in life or they won't turn out right later on. Wise tobacco growers know that goes double for tobacco plants. They're very delicate. They've got to have special food?they've got to be wrapped up softly and warmly?they almost have to be nursed. That's why Blue Ribbon Guano for Tobacco Beds was put on the market four years ago. That's why thousands of wise tobacco grow ers have tried it. and kept on using ir ewr sinre Blue Ribbon has a heavy loading of soft, aoil warming, bacteria-producing organics. It has a higher nitrogen content than ordinary plant .bed goods. And less than 1% chlorine guaranteed. Thousands of tobacco farmers find that Blue Ribbon brings in plants from ten days tor two weeks earlier ?that it helps plana bold on and grow right out of blue mold?and that it prevents chlorine injury. Try it yourself once, and you, too, will be a loyal BLUE RIBBON GUA.N0 "F0K tobacco beds SMITH-DOUGLASS COMPANY, Inc. ?oaroii. vi. mi monrok* VA . DAMVILLt. VA. . IIMTOK. K. C. ? WHBMIM. U. C. - Hlinunoio. M. C.
The Enterprise (Williamston, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 8, 1937, edition 1
2
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