iPage Two
THE FRANKLIN PRESS
Friday, .September 12, 1324
The Franklin Press
PUBLISHED EVEKV FRIDAY .,
Why America Is So Wealthy
J. B. LYLE - Editor and Manager
SUBSCRIPTION RATES
(Subacriptiona Payable in Advance)
fW Vpar $1.00
Six Months r 50
Three Months , -25
Single Copies 5c
ADVERTISING RATES.
Very reasonable, and will be made
known upon request.
We charge 5 cents a line for Cards
f Thanks, Resolutions of Respect
and '.for notices of entertainments
where admission is charged.
Entered at the post-office at Franklin, N. G,
lor transmission through the mails a lecond
eiau matter.
Foreign Adve-rtiinn Representative j
THE AMERICAN PRXSS ASSOCIATION
Macon County Coming.
At last Macon County has things
coming her way.
Within the last nionth, four impor
tant things have been assured. The
electric plant and lake will mean
much in the development of Franklin
. and Macon County by furnishing
power for manufacturing plants and
a good sized lake for the- amusement
of the tourists.
The sixtcc'n foot concrete road from
Franklin to the Georgia line gives us
an all year outlet South and assures
us a place on the main artery - of
travel between Asheville andvAtlahta
and other southern points. ,
The organization of the Western
Carolina Telephone Company assures
Macon County an up-to-date tele
phone service. This will mean much
tn tnwn and country development.
Bob Addington has recently bought
the Idle Hour Theatre and plans in
stalling a new machine, opera chairs,
and other equipment. A movie house
that runs good pictures is a necessity
in a thrivine section. Plans are being
made for regular runs of educational,
agricultural, industrial and torestry
films for the school children and
country people.
Volumes of New Laws.
Americans are a unit in agreeing
that the country is being burdened to
death with useless laws. No one de
nies thit all departments pi govern
ment have hundreds of unnecessary
eniploves. No one could possibly
doubt that taxation is exorbitant and
mounting higher every day.
Practically every , candidate for
public office denounces extravagance
in government, demands eawy relief
and pledges his services to 'a policy
of reduction, Every election is a pa
per victory for the fortes of economy
and retrenchment.
Yet, in spite , of it all, the public
sees each succeeding administration
spend more money than its prede
cessor, create more offices and bu
reaus, enact more statutes (an aver
age of 10,000 new laws annually)v, and
lead the country deeper into the wil
derness of confusion and profligacy.
Only those men holding public of
fice who, when casting their votes
oppose extravagance, should be re
elected. Unless the people pick men
whose record for, honesty and sin
cerity is unimpeachable, unless they
elect the best men to serve them, we
shall have more and , more extrava
gance and beaureaucratic government
Unless the people show .sufficient
interest and sufficient energy to se
lect better congressional and legisla
tive material, then the people will
have no relief and will deserve
none. The Manufacturer,
Taxation Takes Property.
That any state should confiscate al
farm lands and make tenants of the
occupants would seem unbelievable
Hut the process is under way, and at
present rate of progress will be ac
complished within the lifetime of the
peesent genesation. ,
Dr. R. T. Ely, of University o
Wisconsin, ' shows," by " official "" tax
records of states', and also , figures
compiled by bureau of economics of
Department of Agriculture that the
states will soon absorb by taxation
all income of farm lands. :
It is a principle of law that to take
the income from property is practi
cally the-same as to take the property
itself.!1 : 1 ' .
In Ohio farm lands between 1880
and 1920 increased in value from $54.97
to $113,17 an acre, while taxes from
1913-1921 increased 177 per cent In
Kansas values increased from $10.98
in 1880 to $62.30 in 1920, and taxes 271
per cent, from 1913 to 1921.
Since 1920, land values have de
creased at an average of 20 per cent.
Taxes on the other hand, have shown
the opposite tendency. A statistical
chart of taxes and farm income would
show the line for taxes steadily curv
ing upward in past eight years, and
now near to line of farm income.
When it grosses that line the work of
' (confiscation i is complete.
"The power to tax il the power to
destroy." - .'
From the London 'Daily Mail, June
23, . .1924. Agitators demanding vast
public expenditure on their pet pro
jects frequently tell us the England
is "rolling in wealth," that it is "the
richest country in the world." That
was, perhaps, true decades ago, but
matters are very different now. 'Eng
land is poor, very poor, if compared
with the United States.
The United States are tremendously
wealthy;. Although they possess only
about one-twentieth of the population
of the world, they have half the
world's wealth and have more than
half the world's gold, diamonds,
pearls, and, precious stones of every
kind.
TJThe true wealth of a nation can
best be measured by the condition of
the masses. The prosperity of the
American workers : is almost unbe
lievable. More or less unskilled men.
such as carters, milkmen, builders'
laborers, etc., earn 45s. per day.
Vast numbers' of skilled workers earn
1.(;'J0 and more per year.
The assertion that Americas wealth
iclonrrs to the few, that the high
cost of living counterbalances the
high wages prevailing, is incorrect.
The white population of the Republic
i; a little mor? than twice as large
as that of this country. However,
the United States have not merely
twice the number of telephones and
motor-cars that, there are in this
country but have fifteen times as
many. Jo every tnrce lamincs mere
are two telephones and two motor
cars'. Millions of unskilled workers
have not only roomy houses' which
belong to them but have a telephone,
a motor-car, and other luxuries of
which English, working men scarcely
dream.
I'.efore the war England's saving
came to about 400,000,000 per year.
Although the American people , are
terribly extravagant, their ' savings
are estimated to come to i2,yU,0UU,UUU
per year,, Last year the Americans
spent oii motor-cars and trucks.
alone 750,000,000. If we add the ex
penditure on garages, etc., the motor
car expenditure last year( exceed
ed 1,000,000,000.
It is frequently stated that the
United States owe their vast 'wealth
to the possession of their great nat
ural resources, to the possession of a
fruitful - agricultural plain, extensive
forests, rich mines, etc. That expla
nation is fallacious. Every student
of American economics is aware that
the bulk of America's vast income is
furnished, not by the farms, mines,
and forests, but by the factories and
workshops.
The United State's are foremost in
the world, not ofily by the produc
tivity of their wheat fields, cotton
fields, forests, coal mines, iron mines,
etc., but also by the output of their
manufacturing industries.
With existing arrangements this
country can produce 12,000,000 tons
of steel per year. That figure has
never been reached. The United
States can produce at least 55,000,000
tons per year. They produce far
more than half of the world's steel
and of products made of steel
Among other things they produce
about 90 per cent of the world s mo
tor-cars, both in their own country
and in branch establishments abroad.
In the city of New York alone
vastly more building takes place than
in the whole of the United Kingdom.
The textile industries of the Republic
consume considerably more cotton
than the whole of this country. In
the production of goods made from
copper, brass, rubber, wood," leather,
etc., America's superiority is over
whelming. In view of these facts
Cobden's prophecy, "England is, and
always will remain, the workshop of
the world," is ridiculous, .
Why are the Americans foremost
in the-worjd, not only in the output
of food and raw products but- also'Jn
that of manufactured goods'? The
reason is obvious to all who are ac
quainted with economic conditions
on both sides of the Atlantic.
England, the former stronghold of
individualism and efficiency, has be
come a, stronghold of Socialism. Ow
ing to Socialist influence ca' canny
has become universal. The suicidal
policy, of restricting output" has led
to hostility to labor-saving machinery.
The result, is that the average Amer
ican produces as much as three Eng
lish workers. . '
Goods produced must be consumed.
They are consumed and enjoyed
chiefly by the working masses. Pro
duction being three times as great in
the United States as over here,
workers receive not merely three
times as much money but . receive
three times as much real wages in
the form of goods which they can
buy. Hence the American workers
are infinitely, better fed, clothed, and
housed than the British workers.
The American worker recognizes
that prosperity consists in an abun
dance of useful goods and nothing
else, and that such abundance cannot
be created by insisting on high wages
in respect of an utterly insufficient
output. He recognizes' that capital
and labor-saving machines are his
friends, not his enemies. Hence the
American worker can afford a motor
car and other things which in this
paradise of trade-unionism,, of So
cialism, and of ca' canny are privi
leges of the rich and well-to-do.
Notice of Sale.
North Carolina Macon County.
In Superior Gmr Before the Clerk,
W. C. Ledbettcr, Administrator of
T. O. McCall, deceased,
vs.
Rilla Mathis and husband Grover
Mathis, Mrs. C. V. Gray, arid hus
band C. V. Gray, Charlotte (McCall,
Louie McCall, Lloyd McCall, and J.
Frank Ray, Jr., Guardian Ad Litem
of the infant defendants, Charjotte
McCall, Louie McCall and Lloyd Mc
Call. Under and by virtue of an order of
the Superior Court of Macon County,
made ;n ? special proceeding entitled
VV. ! C. Lcdbetter, Administrator,
against Rilla Mathis and others, ap
pointing, the undersigned Commis
sioner to sell the , hereinafter de
'enbed landt I will, cn Monday the
6th day of October, 1924, between the
legal hours of sale, and at the Court
House door, in the town of Franklin,
County of Macon, and State of North
Carolina, sell to the highest bidder
the 'following described lands: Lying
and being in Flats Township, Macon
Ccu:ily, North Carolina, adjenir.:; the
lands of V. H. McCall, Andrew Wil
son, ir,A others :
Beginning on a chestnut in the
East boundary' line, runs South
West 64 poles to a hickory, thence
South 64 West 44 poles to a black
oak, thence North 80 poles to a
chestnut, thence East 42 poles to a
hickory, thence South 41 poles to the
beginning. Containing 30 acres, more
or less. v
Terms of sale, one-half cash, bal
ance in six and twelve months. Notes
to bear interest and be secured by
Deed of Trust on land or other ap
proved security.
This the 4th day of September, 1024.
W. C. LEDBETTER,
03-cAWII Commissioner.
Administrator's Notice.
Having qualified as Administrator
of Z. M. Leatherman; deceased, late
of Macon County, N. C, this is to
notify all persons having claims
against the estate of said deceased to
exhibit them to the undersigned on
or before the 10th day of September,
1925, or this notice will be plead in
bar of their recovery. All persons
indebted to said estate will please
make immediate settlement.
This 10th day of September, 1924.
J.T.GIBSON,
03 Administrator.
Land Deed, Mortgage Deed and
Chattel Mortgages tor tale at The
Presi office.
MTIOMSM
Tuesday, Sept. 16th, 1 P.M.
107 feet frontage on Main Street,
170 feet on Palmer Street, 300 feet deep.
Will be divided into small business lots
and sold at absolute auction.
This property now owned by J. A.
Porter and W. L. Higdon.
The house on this property will also
be sold at public auction, successful
bidder to remove same.
This is your chance to secure.; val
uable property right in the center of
town, at your own price.
Terms, one-fourth cash, balance in
one, two and three years.
GLESBY REALTY AUCTION CO.
Ansley Hotel, Atlanta, Ga.
I will continue the prize giving" on Saturday after
noons and beginning Saturday, the 13th, I will use
a new card system. This will eliminate .all those
Avho have gone away. Be sure and come' in before
noon Saturday .and get your card. The prize for
next Saturday will be a handsome box of paper
worth $4.50, now on display.
FRANK T. SMITH
PRESCRIPTION DRUGGIST
esss
BILL CUNNINGHAM HAS
r-HTUnfl
WHICH HE WILL SELL FOR CASH AT
$1.00
These Dresses are Fast Colors in Ginghams and Percales, .well made and
good styles. You couldn't buy. the materials at other stores for the price, I am
asking for the completed garment. . y
, And in addition '"' '
I HAVE JUST RECEIVED A BIG LINE OF
SAMPLE ..SHOES
Which I am selling at the same old BARGAIN PRICES that have made
Bill Cunningham's name a household word on every farm in Macon County.
Look these values over while I still have your number and style.
When I was in Baltimore last summer I bought a
d BIG L0T0F SWEATERS AND BLANKETS
At almost one-half regular wholesale price. These goods are now in my
store, and I am passing the saving on to my customers. Don't let this slip you,
an all wool Sweater for one-half what you would pay for it elsewhere. Plenty
of Sweaters for the little ones.
AND AS THE WINTER COMES ON ,
Just bear in mind that I carry at all times a COMPLETE STOCK of Shoes,
Underwear, Hosiery, Outings, and every other FAMILY NECESSITY, and
that my prices are ALWAYS below those of the other merchants.
BILL CUNNINGHAM SETS THE PRICE
THE CASH STORE FRANKLIN, N. C.