Newspapers / The Waynesville Mountaineer (Waynesville, … / March 24, 1932, edition 1 / Page 8
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1- -..jWi, --.' Page8 Gov .Gardner Confident Better Times Ahea (Continued from page 1) the prosperity of this state the source of its profits is our unmatch able soil. In my judgment, one con trolling factor in our struggle to lift ourselves from the depression and to reach a solid basis of normal pros perity has been our ability to culti vate, to develop, to woo the soil. Planting time is again upon us; and I take this opportunity of ap pealing to the industrious, intelli gent, patriotic men and women of the uoil to make the live-at-home pro gram a permanent policy of this state. Plant cotton, plant tobacco, plant peanuts, plant cash crops, tc be sure; but first plant sufficient foou and feed crops tor the needs of your own families, your own stock, suffi cient to sustain your own farm unit. Cut your acreage of cotton and to bacco. Remember that you may be planting six cent cotton and eight went tobacco, and plant accordingly This kind of farming establishes in the eyes of air of us the funda mental value of land North Caro lina land. Outside of hi.-i immediate family, the Anglo-Saxon has always thought mule of land than of any thing else This is his social inheritance. He has always wanted, even if he never at tained, everything that adjoined his wn land. From our English an cestors we inherited most of our laws, niiip.y of our customs, but even more than these, our insatiable love of the land. ou ask the average North Carolinian what is his chief ambi tion in building up . an estate and you get this answer: To own my Lome or f.-' rm in fee .simple. I have myself always believed this gospel and held this ambition to live close to the soil. j As we have battled againsi the , unprecedented panic which for more: than six months nas nan mis nation in its grip and as our governments have struggled to find a way out, the evidence has become all the more convincing that the primary industry of American is agriculture, and that we shall not have a true return of normal prosperity until the man en gaged in this basic industry is able to sell his crops at a price above the cost of production. Prosperity will not return until the men who sweat in th production of basic goods and those who toil in the transform ation of those raw products into fin ished goods experience in sonic de gree a return of purchasing power and some revival of an opportunity to work for gain and profit. They are the foundation of all this nation's vast enterprise, they are the support of its boasted revenues, and they arc the source of this nation's greatness. This depression started in 1929. In my judgment, it continued until nt.nkir 1031. Th nanic beean September, 1931 and continued until the end of February, 1932- During the period of panic, almost everyone who had anything left made an effort to make money. The sole interest was to find a storm cellar for the safe protection of what he had left. This has been a six-months period of wild hysteria. In a national appeal, the President of the United States has made a prodigious effort to bring back into active circulation some IH billion of currency hoarded by individuals. As the hysteria passes and 1 am glad to say that most of it appears to be over and that the foundaion in Europe and in America is being laid for a solid recovery millions upon mil lions of thia-hidden money is coming back into the natural channels of trade and commerce. I do not know how many million: of North Carolina money is in hiding, but I do know that the total sum of it re-cmp!oyed, not in speculation but in honest pro duction,' will have as great effect upon our agricultural life. This money went out of circulation because its owners feared that it might be lost. They put it to idleness and hid it in lonesome places, because they feared it might never come back to them. For more than six months the peo ple of this state, just as the people of other states, have been following the philosophy of the one-talent man who said to his King: "Sure, I knew vou were a hard master. I took the talent you gave me and hid it in a safe place. Here, Lord, it is" I In- next step after hoarding is ;.,.., ;t. ii.lt t.n toward investments. It is a movement toward the revival and recovery of business, it is ex trade and 'commerce. The invisible ....(. .., :a (lv.it we ran sav "Lord, vou gave me five talents, behold, I j.ve ginned live otner vaienis- Todav everything in America is bettor, "except business. In my judg ment, business will get better when the staggering sums of currency tied up in visible and invisible hoarding flow freely again in the arteries of trade and eommer e. The invisible hoarding that is, money hidden in mattresses,. .in. socks, in tin cups is coming "out. A companion move, ab solutely neecessary for the revival of business, is that the visible hoarding of -money Tn banks must also come to an end, and this money must flow again as red blood in the nation's business stream. Hanks must again manifest their confidence in capable business enterprise. I do not criti cise the banks in their' efforts' to pro tect their depositors, but I do know that if the banks are themselves to aid in the business revival, they must go back into the -hanking business again. North Carolina banks cannot adopt the New York Stock exchange stand ard for measuring the fundamental soundness of North Carolina communities- If they apply stock exchange twp. WAYNESVILLE MOUNTAHJEEK "" .-rrm-r CHAMPION CORN Uttuwmv 'v- & QUAKluH M.VI1 PICNICS' lb. IOC BAKED BEANS 16 oz. cans 19c CATSUP 'S1 15c CHEESE Flavor lb. 15c NUCOA ft-14c SALAD DRESSING 11A JAH 8 oz. 4 n Pint in Quart OQ I UU Jar IUU Jar jar Crisps FIG BARS 2 lbs. 19c 25c FOSTER UK AND. 11 OZ. cans ROAST BEEF 2 EAGLE RfllLK can 18c Plain FLOUR Self-rising A&P IONA 24 I.H. 98 LB. 24 LB. 98 LB. 63c 2" 55c '1 Pillsbury CAKE FLOUR M 25c CLEAR PLATES ib 5c 3 Cakes PALMOUVE SOAR with 1 pkg. PALMOUVE BEADS 19c P & G SOAP 7 takes 19c WALDORF TISSUE 4 rolls 19c J015 Attt a kitti Da btandards, to North Carolina, they will fail to meet North Carolina reeds and will defeat the aspirations cf our people. The people of this state are ai?ain showing their confidence in our banks, and banks must show a re newed faith in the people of North Carolina, as they have done in the past. Confidence, faith, character and co operation are the essential factors in our struggle to again reach solid ground. North Carolina was the last state to feel the withering and blight ing blast of the panic and it is my am bition to see her the first to set her feet on the hard solid road leading io the return of normal prosperity. Personally, I feel the soil under my feet a little more solid as we move through this mire of despondency, de pression anil panic There are two avenues of ,:. a pe that 1 would back in the limit. If' you have saved a little money as you have watched your own and your) neighbor's fourtues. melt, and if you now feel the impulse to quit the phil- j osophy of the one-talent man and to embrace the philosophy of the five-1 talent man, my advice, is to invest; your money in one of these two helds : j Buy North Carolina bonds o: buy North Carolina land and real estate. ( I wish to repeat that a North Curo-j liua bond is intrinsically worth par j in any market anywhere; that if it sells below par, it is not becau-c of I its intrinsic value, but because . 1 hys'eria and panic. If you have miincv which vou have kept iii hid-1 jng and I do not criticize any man . . or woman who has felt it necessary - ,,." T, during these '-trying times to take , ()y CT 100 ( ltlZCnS Hear this step for his own protection it j you have money, buy Sarth Caroi:'n: ; land, buy North Carolina real est'ite. j Hi.- who speculates in st'jci;-, jioli ' tie.:, ami prophecy is likely to be dis- j Mi r.''-:-:'! .ii.ki v. i..v.in , utsi t.oK.s.uuo ti: wb mi - ... . . li n . ..f Vru-nfinnal Atrricaiiurv, muvi Arthur ilariowc or mo ue ..;inu.t . - - t hi. School, Columbus County, North rarolii.ii. who, under the , teacher M. L. Tatum, grew 4S1.! Lushels on three acres. By his Jr?J S ArtJmr won a go'ld medal printed by the CUxlean Nitrate Ednrationnl nad and a silver trorhy presented by T. W. Xi ood and Sons. . i.-ulturrt' SUndine left to right: Vov H. Thomas, State Supervisor of Agriculture Bdm-aUot Irfhur Marlow" nnd M. T.. Tatum. Agricultural Tcaehcr. Tabor. N. THURSDAY, MARtp. MRS. W. 0 JJUKlliU IN BY MONDAY (Continued from j sented to the trfl!t-.. took about ten day a, Mrs. Goode was th. late Mr. and M Vs??1 Shelby. She was" 'bo'.,6,1 and came to the Stated .r girl. She was educatJ" boro Oollege for Worn ""14 JITS, uoodo . I in 1900, and to th:,7c;!.,: I ren were born, oro J. . ' Jack Courtney, Wr, years ago and one :,o'n f runner iiewspap-r 'rai xiei; ariu .urs. uooue l;vf lier of different ciies ir, V lina, where Rev. Dr. q' Methodist preacher, held Mrs. toode had a wee was a loveable 'character host of friends, not only'-' ville but in almost ev western North Carolina. ' The large crowd that' a-, funeral indicated the high k for her by those who b.ewt those attending were 2j ; ministers. A large mai5-' officers and members tf'-l stewards, and a large rue-, members xi the Methodise attended the funeral. Plans of C. of C. at At lianquct Thursday lilnsioni i I. On occasion I hi ti'ie.l my hand at all three. I find that I am nut wry iliiVerent from th aver age man. Tonight, however, am willing t venture this pruph.".'y: The next real movement toward improve ment in this :-'tate may very probably be a movement in real estate and iand values. The next considerable fortunes gained in this country may very probably be gained, as most permanent fortunes in the past have beep gained, in the purchase of land and 'real estate at bargain prices. In my mature judgment, the invest ment with most likelihood of turning out well today is an investment in North' Carolina, land and real estate at the prices at which it can be bought today. To the man or woman with money to buy, my advice is to buy land, buy "now. Of course, I mean buy well located land. Do not buy blindly- Why do I advise you to in vest your money in land, when cotton is selling at six cents and tobacco at eight cents a pound? Because it is cheap. I have secured the facilities of the six radio stations of Nfirth Carolina to tell the people that in my judgment land and real estate is a good buy now at prices for which it will be sold In every period of depression there are people, of course, who are so borne down by the present that they never lift their eyes to the future. Ve have today in North Carolina everything we had when we thought we were rich, except the state of mind which believes we are rich. We have more. I predict that within the next decade the Great Smoky Moun tain Park will be drawing more than . two million visitors to North Carolina every year. Some, of them will come to stay; all will leave some of their mony with us- According to recent statements of prominent and conservative bankers,! land is today the soundest invest ment there is. If thi is true of real estate as a whole, it is doubly true of North Carolina real estate. The momentum of industrial growth of this state, which was only Interrupted by 1 he natural suspension of business, was such that its influence must be reflected in rising values of well chos en real estate investments. When j manufacturing was going full blast, there were industries continuously in stilling new and modern methods in this state. To improve the utility of location, new industries were mov ing into North Carolina at the rate of more than one for every working day and that almost unbelieveable rate of industrial growth continued for a period of more than two years, As soon as business opens up again, you will see the tide of industry again flowing into North Carolina and also n resumption of activity in the industry that began operation here in the few years prior to 1929. This industrial' 'revival will again stabilize the values of jTorth Carolina real ertate. - The value of land is governed by the purchasing power of its trade area. Statistics show North Carolina ranks first among the 12 southeastern states in volume of retail trade, with a total of 744 million dollars in 1930. Hence, North Carolina- real estate is fun damentally more valuable because the purchasing power of North Carolina is great and will be increasing. Commenting on a recent editorial i in the Manfuacturers Record Thich discussed the tendency of industry to locate in small centers and urged southern communities to formulate plans for an industrial expansion, a successful New York business man wrote the magazine urging it to point out graphically why industry should locate in the South. Here are the reacons, according to the magazine: Industry will locate in the South be cause it can build its plant at about dO per cent of the cost of similar plants in the North, The milder climate of the South requires less expensive plant housing and factory operating costs are lower- Labor in the South is of a higher quality be cause it is mostly American stock. During and after every panic in the nation's history real estate prices have tumbled. Naturally we think that there has been no panic in the nation's history to compare with the panic of 1931. In size, in severity, and possibly in longevity this panic is the biggest panic. But if you will ( ( 'oiitiinied from pa: 1 ) wiH.!!l: !!'f!il ale! MR"!' In end, tor M-iu.'n vacation trips for many years. I.ai-I; of aji'tntrue 'publicity mal e'i;;l jind failure to provide a public olfiee at uhich the e thousands of visitors van easily get desired in formation -ooi: react., tremendously against any community' seeking tourist tiade, it was jxiinted out. W. T. Shelton, for many yeais l-uii-nected with the United States govern ment in the capacity of superinten dent of various Indian reservations in the Far West, and intimately inform ed as to the benefits of national parks for those comriiuntios near by, spoke briefly on the advantages that are to be gained for this community by reason of the fact that the town is situated right at the entrance to the newest and most interesting of all the parks of the country. He visua lized the great horde of people that will, within the next few years, come to this section of the country and de clared that the enlir,. future of Way will come in ever increasing numbers. Thomas String-field, cashier of the I'iuzcns Hank and Trust Company, talked of the advantages of a good troll' -rai se in bringing people to Way mwille. He said that each year he Tuft cures of people who unhesitat ingly declared that they came to Way-u--ville mainly because of the local K.itniy ( lub and the splendid 18-hlc j i;olf c'.irs,. io be found here. He cited ! ;i'-r ii.j 1 instances of touri-ts who had ('inu' to this community with little thought of remaining any length of time and yet spent the entire vacation season because of. the golf course, Ralph K. Xollner, general superin tenent of Lake Junaluska Methodist as. embly, speaking on the relation ship uf that enterprise to Waynesville, gave a hint of the things that are now being planned by the 20 Methodist conferences that own and operate the assembly. From his remarks it was easily understood that within the next few years development at the lake in the way uf additional church acti vities and other proposed plans for that community would serve to make Lake Junaluska on,, of the greatest assets of the community, if not of this entire section nf the State. Plans of the board, which controls the lake H.S. Baseball Opens Season tj Team In Good Co; Slated To Win Mr Of Games Plat ,..,..:il i . ii . . . "i tin much ii, wuiLii tvmiuia, tuc (n.c, n sville depended upon hc buildinjr l.,t?- lines of creating there one of of piuijcr entrances into the national park and .-otherwise making prepara tion to take care of the people who "examine the statistics in J921, ,r 1907, or IS')::, r lKT.'i, or any of the other panic eras, you will find that in each of these eras the panic then on was. the worst panic in the nation's hi tory. Vou will also find that in each era land and real cstte suffered tremendously, suffered in proportion to the agony real estate owners have been going through the past two or three years in Norh Carolina. But you will also lind that within ten years or fifteen real estate values had been built up again as if there had been no panic. . the greatest religious and educational tenuis of the entire country were mentioned in the course of his talk. Ha.clwood's relationship to the Waynesville Chamber of Cofmerce was represented by Joe Davis. Ho ex tended to the Waynesville organiza tion the best, wishes of his adjoining town, and declared that a live Cham ber of .Commerce here meant much to his own community. W. I). Smith, teacher of vocational agriculture in the Waynesville town ship high school, briefly discussed the value of the Chamber of Commerce to the agricultural interests of the- eoiintv. II nointed out that farmintr is and always has been the most im-I cations were that a W portant industry in Haywood county j day lies directly ahead o and that there must be somewhere in and all of Western Nortt The high ,-chno! ba.-i-'x open the season by Jilay:;; Collcgiato Institute hvroF: noon on the local livid. " taineers have been - wore, the past few Jays and Cos. by has announced that til: the winter vacation have, and that the team is read; on of many "wins." Six letter men arc one several new recruits, of Is have joined the ranks. S mound work will be in t: "Lefty" Davis and "Vat Tho tossing end of the tei: Weatherby somewhat H beginning of the season, k; boys have loosened up he that any game Davis-E company loses will bc ai victory for the opponents, The schedule for tho s; follows: March 25 S. C. I. here April 1 Hendcrsomil Anril 5 Candler, here, April 8 Canton, there Anril 12 HendersonviL April 13 Ashovillc, ''be Anril 15 S. C. 1. -there. April 19 Canton, here Anril 21 Candler, there. Anril 2G Asheville, Ten frames in all ffii five at homo and- five abr tho Chamber of Oommer thought for the fuller de' all agricultural projects. Mayor James Harder, sided over the annual toastmaster. He decfe Right This Way, Sir For Your Easter Togs Take advantage of our special purchases and dres up for Easter you'll be surprised at the new w prices we have on men's clothes. NECKWE.y IN: THE SPR EST SILKS COULD F HAND-MAI1 ONLY $1J WHAT IS EAST ER WITHOUT A NEW SPRING SUIT We have one to fit every bac k, pocketbook, and taste. No matter how hard you are to please we'll satisfy you. iew low prices now prevailing on all our men's clothing. Every garment is guaranteed Prices range from $9.95 $25.00 mm SHOES FOREASTEfl MEN'S,'.". WOMEN'S, CIIILDKl Never before have we offered bargains in shoes. We have takf- vantage of the low prices them on to you. Men's Ladies New shipment of splendid shirts in the newest Spring shades. Pire-shrwik, all guaranteed. Buy a supply now. $1.00 and $1.35 : ): '. 9". McCracken Clothing Company vruuivwrs ror wen Ana uoys Shoes For The Entire ranw
The Waynesville Mountaineer (Waynesville, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
March 24, 1932, edition 1
8
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