Agriculture Is Recovering
But Yet Far From Normal
Prt'imrrd by Latr Srtreliry Wallace Says Sil
v nurtiim Be*t Since 1920 but Still a Considerable
Distance from What It Should Be
tWUhlocton. D?. 8.?A meri
?n lh? whole. oc
C, *?'?< position It ha,
?r, ?ut n,uch
rk r<,,"u'rr<l lo brine It
?,rl."^*-wl,r condition. the
Department Informed
hl .i , Coo"<l'?> this w^k in
ts ,Th? r*POi-t w.s
wTfm ! ,h* l*"' H^nrr C
Wallace and embodies hu view.
&, ^5L",Ki!? ,nd l>r"<-nted bv
Uarowh "?*tar?. Howard M.
SJ? Mr? >
Uon (or the crop year 13J4-->s
J1*,n r*"'h approximately ?12
Snn'2? ? eon?Pared with ill'
;?" ?M.?00 In lS23.24 .nd ?J'
* 1 ??:??" ??W the
?eW. i, A 'nvor*bif readjust
fhL iJlf" Uk<,n Ptacp In price ra
??rleulturt. and ij
#u?try. While the purchasing
?n7h ?' '*r? P"*>?tata 1."?
Aent below the pre-war level it is
iay^os?' *??V*.!he '?<1? for
way. 1921, when thn depression
iTrwiS. " W?,*t ',rrlo<' Thin year's
*" the finest in Srv;
Thoush not the creates!
?Olume of products. It w..*Vh"
^ncTjV^h^r.heAnreCo'?.;?0
de? d?,"" wl,h ,hc 'rouble, of the
depression period, if r d.
tJ,} wi!r h i?biind
icaTy dlsad*an^ge? ?
SPS'tT?"""".
USST'J? th"r!,od- *?:
We" Pre^nT'^lr CUmu"
g.??*?l^Uur'.^.S'li"^
jtheless "The" JLr""!'rl1* Never
Th* pr0BI>r'rlty0?earer.*'' 1924
fcnZiL?VKh th? crop BtoT of 15*4
i whX^r?1 ,0 ?Kr,cu"?re
l?ot be shared by0alT'.eeTl"t ""
h sr sS"r?^?"?
Carn an ^ Producers niav
b/frTht ke?2s;
(?rower, wm ha , to'sell this
lvrr>r?i k i w increased return?
E?E??,her hoK W'?*- The larj"
^SstFrS-S.
5g5to?i2 ? ?
rott "cTt'lTind' 'h""""* to???
C'toT,,;1" br1""t ta?r*a" d
com?? to the Burplua-produclna
'.o,V corn -S Sf
to the cotton slates." the re
It ,u^"'"''^' *nd d^fry produc
~ ?
"of thU ??Culture In
? 60o!oOOOOO*Vn
of
Tatp'-^-e^'-r^teV
923 "2;' ,h- "?P Ar J
nt Thi to 3 * per
This return is much below
the average return to other capi
tal. Income front agriculture ha*
not In any year since the price de
cline of 1920 sufficed to allow
both s commercial return on cap
ital and adequate reward? for the
farmers' labor, risks and manage
ment."
The outstanding event In the
agricultural history of 1924 has
been the wheat situation, the re
port aald. Appareut surpluses of
bread grains havs been much re
duced. and the world's crop prom
ises to be between 300.000.000
and 350.000,000 bushels below
that of last year. Exportable sur
pluses la the principal producinu
countries have been reduecd and
requirements of the ImportlnK
countries have been increased.
The demand for wheat from the
United States should be strong? r
than It wa? last year. Wheat
promises large yields per acre,
and a total crop larger than that
of last year Is expected on a re
duced acreage. Reduced yields ir.
foreign countries have brought
about a market situation in which
the American farmers are recelv
Ing higher prices for a larger
crop. Nevertheless the rlae In
the price of wheat lias not yet
sufficed to give a bushel of wheat
its pre-war purchasing power.
While the wheat situation hn*
greatly improved, it has not yet
reached a point where farmer:?
should think no further readjuat
menta are necessary. It would be
a mistake to suppose that the
wheat acreage may again be ex
panded with the expectation of
high prices.
Tho outlook for cotton is prom
ising. This year's crop should
contribute approximately $1,500,
OOC.OOO to the purchaalng power
of the cotton growers. Cotton
yields this year have, for a time
at any rate, set at rest any fear
that American cotton production
will not again be able to meet
the world demand.
The livestock industry Is on a
I firmer foundation than at any
time sinco the price collapxe of
1919 and 1920, said the report.
: although 1924 was not a year of
good profits for cattle and hog
producers. Cattlemen have had a
harder time than any other group
of livestock producers. Slow hut
steady liquidation has been goingj
on In the cattle Industry for thro??
years. Today, however, many of
tho war-time loans, with high in
tereat rate?, have been paid. Mon
ey is available on more favorabl?*
terms, conditions in the cattle
country an- Improving, and the
j prospective reduction in hog rals
Ing ahould strengthen the market
t for beef.
Spesking of the tax burden of
I the farmer, the report said too of
ton tlx* amount of the tax ha* hi-,
tie or no relation to the amount
of th?? farmer? Income. Selllni:
values of land which serve as n
basis for taxation ?lo not rest on! v
on current earning but ?Is? on
anticipation of future ?nrninus.
This often means that tn\? s hu%o
to be paid on fictitious values.
"Perhaps tin* general prop? rty
tax system nhoiild be modified."
sald the report. "Another defect
In our ta\ system should modi
fled," F.iid tho report. "Another
defect in our tax ijratrm which
tends? to increase the burden on
aKrlculturc Is the fact t hut a larM"
amount of |M>r?onal property in
urban centers ?-scsih-s the tax a?-,
sessor. Some tax evasion* are un
lawful and otlu-rs have tli?* Mane-'
tion of law. Anione the latt?*r;
are those mad?* possible by tie*
enormous volume uf taXM-\< mpt
securitien that hns been issued.
Farmers' wealth is mainly in the
form of land and other forms of
Personal property which can read
ily be nssess?-d. Fanners are eon-*
?fluently forced to pay a lam?i
part of the total tax bill thai*.
! their share of tin* national wealth
warraats. To ease the tax burd- n
on agriculture* new sources ol r? \ ?
enue should be tapped. Tins
means of relief, coupled wltli
wider diffusiou of public burd<n.
should be souiuhi at the earlle. t
possible moment."
I Pointing out that Mils have
bet a Introduced in Congress m
the last two years which would,
put the Government st|uar?>l) in
i to the business of promoting co
operative associations, ilu? report
declared, the for H rone ci
op?ratlv<> marketing association*
conbl not bi- ov? r< inphuslz* d but
that they should b?- controlled by
llo ir ui<>nih< r*hip and k>i?t frr??
front domination of Covt-rnniert
a~? nci?*s or coititm-rrlnl lulcn-Mt*.
".Co-operative marketing Ik a
logical d< vlopim-nt in tbo rural
economy of a nation." tin* report
conlimod. "t'o-op? ratlvo market
inn may be described as an effort
on tin- part or tli?> prodipcrr to
recaptnr? tin under..tuudini: and
control of the ill ark ??lini: process
which lib; forefathers possessed.
Hood, .sound growth in the co-op
? rat Ivi* iiiovi-iiK-nt ha? Ih???ii koiii?
whai r?a(arti??d in r?-c??iit yearn bv
ovi-ri'iithUHlaxtlc persona who Iiuv??
?i* 1*1 it up its ? panacea for nlI
tli- Ills Irom wliii'h the fair tun 4
:ii?- HiilTrrltiK. Siicc?'8n io co-oper
ation iIi*)h'Mi|h 1111 Hu? flnditu- nf
lie u capah!?* of luuoiub co-opi-ra
If the weather is lino on the mornlntc of Sutunluy. January 24. timelier* iktn?; a hundred mile wide ?Irip'froin
western Lake Superior to southern New England will have u chance to see r* total eclipao of the nun. The
naoon'a shadow will strike the curth In northern Minnesota Just on the sun is rl?ini; and then rush iKHitheust
ward at the terrific speed of 2000 miles on hour Map ?hows the territory over which the cclips? may be soen.
In.-?et la a picture of a previous ectlpaa
Sun Will Hide "on January 24
Your |>liot<?crn|?h will solve
I In* |?rol?li?m: What slitill I ul\<- |
'iliis <'hrl.Hiuuis?
Call Ml.
zoEU.Kirs studio
k
i Our 1925
I Chritiman Saving*
I Cluh U
fiiUing rapidly.
JOIN NOW
!Carolina Banking
& Trust
Co.
L
'BEAK CAT" Suckcrs
They are good
The
NEU-RO-CA
LOM-ETER
The Neuroealometer used by the Chiropractor de
termines the plate in the spine where nerve prcKxure ii
apparent. After the adjustment has been piven with
the bare hands only, it shows tlie patient that the. ad
justment has eliminated the nerve pressure. It. beyond
a reasonable doubt, proves the Chiropraetie theory the'
the majority of disease is roused by nerve pressure,
caused in its turn by a subluxation (mispUiri men t of
the small bones of the spine) preventing the. normal
flow of the vital foree to the various organs, and it also
proves that when these bones have been put baelc ir
place by a Chiropractic adjustment the normal flote of
the vital force is restored and health is llic result. Take
Chiropractic adjustments and yet well.
Neuroealometer reading* and adjustments hy
upftointmenl only
DR. A. L. PEARCE
CHIROPRACTOR
OVBll WOOLWOHTH'S 5 A IOr HTORK
211-14 Kramer ItnlMlng. FJI/Abrth <*!(>, N. (*.
DOLLS
1
b
Dolls
Domestic Dolls,
imported Dolls ?
Mamma Dolls, Sleep
ing Dolls ? every
kind of Doll imagin
able to be sold at one
third less than the or
iginal cost.
i
JLf
Oil
Dolls
Every doll in t h e
house included i n
this special feature.
Don't allow yourself
to miss this very rare
opportunity.
Come on and jjet one.
IIKADQUARTEIW FOK Cllti?UtUlS PVCSClltS ??' A" K,NI)S
Standard Pharmacy
C. I? IIAI.STKAD, Prop.
IIvh ?Mturlitlotii, on the loyu1,
support of the membership, an?!
?ui Kitting a sufficient volani?* ? i
bu?in?itM.
"Som* convert? urjs?? th?t tli??
f!??v? rnm*?nt should proc?'?'U to ?>r
KiiniO' th?- r.?iiu?*rs in eo-op?-ra
tiv?- a*s?ieiationa. ltut if tlie-Ciov
crnim-nt should sink th?' farmers ???
join s?mte |mrticular co-opera t i v??
nsMirialion it wouhl put Itm?*1 f iu
th<- position ?if uuarantrciiiK n:i
cut? rpri-?- without liuvinu in
auth??ritati\?* voice in its iikiiihk?
nu ni. Tli*-i?* in coufu?i?ii in t!???
mlmls of pr<niiot?*rs of ro-?|M-r.i'
live ent?>rpi Is?* an to wltal tin*
(?overnutent may properly ?!??. ,
TIuhi' hills liilroducctl in Coimrow?
would ?et up a mvnt Federal ov
arii? ad aueiicy and secondary'
hoards of control and would liav*
t lies?1 liodl<'N ttHMiiu?' r?>ntrol of i
number of highly important ac
tivities such tu? the dihxt'iiiinatlon
of market urws, a aervlc?' whir1!.
is already carii?-d on efflch'iitly.
by tin- l'Yd?*rnl Department of Au
rfculture and which in t!??? Init-r
t'Mt ??f the farmers should lie kept
in th?a control of n w?-ll-or?:aiilz?-d
impartial permanent Kovt>mni?ul
departuii'iit devoted to tin- wrvle?
of aKt'irultur?* and fr?-?? from en
tanalinK husin?sn alliances.
"The relationship ?>f the tiov
?*r?init-lit to co-operation should
one of service. It should h?-lp
th?* fa mum market their cropn
Just us it helps tin-in to product'
PKEACIIKS AGAINST
policy- of' iirkiot
QmiiiniM r. Kratic*-. fh-r. x.
'|VlO? of lltlMHjtllftl Of plctlir? *i|ll<?
ly iIh s.m iI fit boli?** ^ l h? i?
yrstvrdii) I?? h? ar I!i?Ih?|i i
(?ri-ai'li aiiil |irot?*vl a^,iirr t l'i.?
tul?*r H?*rri<?ri? n-vitai ot his anil I
clerical ?'iimi?aiun.
(oii-nlii|.:tn| School
Ikitiltliti*r I?
Mnvton. S. ?' . l)< r, s. I.il??-rt% '
Ooitciilidnliri SffuM.I. ?-i\ mil?
north of In-rv. Ioiic a ii?siIY?*t* m
r tnli-iiliou in tin* roiiiimiiiii v. * is
il> striivi'il liv lir?'. Mi|i|m: ? ill\ .iii
c?Miillury oriuin. y -i.niay.
orii|?M. not liy doiii:. ||i<> wotli Ihi!
I?y >11 j?|>lyiti;: in formal ion wliirli
I In- fnrJinT.-? tali nut U'f fin* flu-til*
jhIvi'S. To .?:?? fort h?r ivouhl li
to injur?' ivtln-r I linn ai<l t !??? ???
o|M*rntivr niovi lin nI."
To Ser viri'?
rhe Albemarle Pharmacy
mili.* Quality
50%off GIFTS50%oft
As wo are discontinuing our (SIFT S1IOI* wo ,uv
olTerini? you pU'nsitiK Christmsis (lifts at ro.il induc
tion.
ATTRACTIVE GIFTS AT HALF I'KK7/
LOUIS SELIG
MAIN & VVATKK ST.S.
ConiK-rtirut Mutual
I.ifr Inauranrf Co.
of Hartford, Conn.
Established 1846
(r n tmlt ares * j
that
Mr*. T. B. Cook?*
will Ik- its sole represen
tative in Elizabeth City
and adjacent territory.
V.m-N $1 10.000,000
I'Iioik-s I7'J-J; 119
Christmas
M ONEY
I OK YOU
Our t lir 1*1 mu m Club |*fc>n
>011 t ho ?iionr)' when you
join il.
JOIN TODAY
It?? NUtv Hint you K?t jour
< hrislnni.H ('lii-rk.
A sli u* for rial I Information. |
INDUSTRIAL BANK
OPTICAL SERVICE
DR. J. W. SCJLIG
OPTOMETRIST
521 Malo St.-EUutMlk C^y
If O It T II K
HOLIDAYS
Till jour (motrim wltb?
I'inis Corn, \s|nirH*am. To- .
malo*?. Sirili? lUnms, Uum
link?*?! ItiwiH, H?mm
spina* h. Shu?*r Kraut,
Pumpkin, ('cmilN, Jflltrm
Mlnrv Mt-ttl Mini trtlirr Koo?|
UalniCH foa can u?*t from?
M. P. Gallop Co.
I'llONKH ;| an?! 57
Cor. Muln & Water 8U.
Mitchell's ad on
page eight
A Startling
Announcement
TO SERVICE
Albemarle Pharmacy
?ADDS QUALITY
AN OLD RECIPE
TO DARKEN HAIR
Sage Tea and Sulphur Turn?
Qray, Fadtd Hair Dark
and Clotty
Almoat rvrrton?* knmra t h it Him
T< ? 4nil Sulphur, pp'prrly conpowM*
<'1. hrmga bark tin- uHluml color and
hntri? to the hair when faded,
?I tor fray. Years af? tife?? ?aly
w;iy to p't thin mixture waa to male?
it at home, which It muiay tad
trouh|e?ome.
Nowaday* vro tirrmly atk at any
?1 r iic "toro for "Wtfth'a Sa?* and
Sulphur Compound. You will g?t a
large l?oltle of thit old time reeipa
Improved by tli? addition of oth?r
inpreditMia, at very little mat. ICrary
hoilv Dm thin preparation now, he
caune no one ran p??*aihly Ml that
you darkened your htir, aa it dona1
It ??? naturally and ermjy. You
dampen a ?pong* or a<dl hniah wRh
it in I drtw tin? through your h?lr,
taking one email ?trand at a tlmai
by morning the gray hair ?liaappi?a,
anil after another npplieation ?r two,
your hair heeomet beautlfnlhr dark,
t hi'k and gloaay and you look y?tf?
younger.
Tutt's Pills
?0?? DI?K*TI?M