Newspapers / The Waynesville Mountaineer (Waynesville, … / Dec. 1, 1938, edition 1 / Page 4
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Pate 6 THE WAYNESVILLE MOUNTAINEER THURSDAY.DEXEMBER lf ls Governor Hoey Praises Work Of Building Loans Governor Clyde R. Hoey addressed a banquet of 3,000 building, savings and loan leaders from all parts of the country assembled at the annual meeting of the United States Build ing and Loan League in Chicago re cently. In his speech, the Governor said: "The strength of the nation is measured by the number of its peo ple who own their own homes or farms. There is much potential pow er in home ownership. The stability and security of those who are tied to the soil in town, city or country by identification with ownership, form a ancleus around which community life is organized on a permanent and enduring basis. "The building and loan association is the mightiest single agency in the nation in creating home owners. For ver a hundred years this organiia tion has been serving the people of America and aiding them to become home owners and thousands today wn homes who never could have acquired a home but for the provi sion which these associations make for easy payments over a period of years. These associations have loaned to home owners or purchasers during 1937 over a billion dollars and they kave made 8 million Ions during the period of existence of these associa tions. They have paid out to their shareholders since 1929 over five billion dollars, most of which went to poor people or those of very moderate means. "North Carolina believes strongly in building and loan associations and was among the first states to adopt this method of enabling its citizens to own their own homes. The re sources of its 175 associations amounted to $75,000,000 at the close of business on December 81, 1937, which was an increase of $10,000,000 during the year. These associations loaned in North Carolina last year Governor Hoey Greeted At National Meeting i, gr On The Rounds Of The Circulation Man The "Circulator ' eased up on the accelerator just a bit during a part of the period since his last report in these columns. So that a visitor from afar Portland, Oregon could revel in the glories of our mountain land scapes. The visitor was our own brother. Like the remainder of the family, Edward L. Clark was born in Ten nessee, yet this was his first trip into North Carolina, his general course the past several years having been westerly and northerly. Since he came to us from a part of the United States justly famous for its scenery, Mrs. Clark and the "Circulator" were J particularly well-pleased to hear his j complimentary remarks regarding what is to be seen hereabouts. Here Governor Hoey is being greeted in Chicago, where he recently addressed 3,000 building and loan leaders from all parts of the nation. over $22,000,000 with which new home were built or purchased, and the number acquired was 12,757. "The building and loans have a remarkable record, in safeguarding the funds entrusted to them during the depression years which took such heavy toll of financial institutions of every type. For instance, there was not a single year during the depres sion when losses in failed associations were as large as 1 per cent of the total resources and in most of the years the losses were only about one fourth of one per cent. These asso ciations have contributed greatly to the American ideal of a debtfree home for every possible American family. "The building and loan association contributes greatly to the improve ment of our citizenship, not only by 3 making them home owners, but by inculcating the principles and home virtues of our early settlers. This sort of saving teaches people how to save and it places a proper value upon small amounts of money judiciously invested. It would do this whole nation good for its citizenship to be reintroduced to at least three words in our language which have fallen into disuse. One is 'Economy;' an other is 'Thrift;' and the third is 'Work;' Economy the very essence of learning how to live on one's in come and thus avoid the embarrass ment of debt and the constant loss of confidence with those with whom we do business. Thrift the means by which we save some of our earn ings to buy a home to provide for those dependent upon us and to safe guard against want and poverty in MARRIAGES Aulsa Brown, of Asheville, to Lcetha Sprouse, of Swannanoa. Gilbert P. Baldwin, of Asheville, to Wiley Jane Sentelle, of Clyde. Wayne Moore, of Waynesville, to Wilda Fincher, of Waynesville and Lake Junaluska. Medford Gaddis to Lucy Katherine McCracken, both of Lake Junaluska, to Wiley Jane Sentelle, of Clyde. Garnett W. Jamison to Lillia Mae Sayles, both of Canton. CARD OF THANKS We wish to thank our many friends and neighbors for their kindness and The Portlander expressed consid erable admiration for the outward ap pearance of our school properties, but time was far too short for us to show him the interiors. Several attractive stone dwellings caught his fancy, also, native building stone apparently be ing less common in Oregon than here. And such well-kept farms as those of W. D. Ketner on Jonathan's creek, and S. J. Moody near Dellwood brought forth much favorable comment. Mrs. Fannie Medford left Sunday for Pinehurst, where she will remain until May, according to present plans. But before leaving, she stopped in The Mountaineer office to see that the subscriptions of her two sons, (Dave in Reno, Nevada, and Charles Surplus Product Help 2,314 Peonl In Haywood CourJ 314 There were 2, "-"""is lamiiies cerifi,..) ty as eligible for r,;J , commodities during ft, , . s.urp1 E. Laneston. sJ a-... A4 modity distribution with ,k. Board of C.hu:,,.. . , a '-4 fare. gnnninuoJ iu: ' . 'L "I , ..vuuvcu mis wr-i-L- A statewide total r,f nv. -.r. sons ComnriKino- '?; o.i r . V9 .. . , . r. & ianu lies u- listed aunn? thr. i to receive the foodstuffs .... gi wnrphmicao in . I. . r fill IM lae Iour , , j u.v.4.u3 iii inrlh (' 1- rr t. , -aron xuiee nunarea and e,.vi. ...J InnnV. rnnn. " -i sons were on the certified list. The Bible is the world'. among books. best The best salesman isn'- n i j viiv who can longest monologue. memorize tj Fathei- Did you tell (vni fn him out my will if he mrri,.o gin i wise woiner Mo. I H.,1 k,., man mac. I tow the fir in Oswego, New York); were Pott TtfI?! .1 r. . vl"'lua "'u up wi:n uie flu. Mrs. K. P. Walker haa wt..r goodness work in which we seek to :bcutrfu floral offerings at the time earn and receive more compensation MAKE NEXT YEAR'S CHRISTMAS The Happiest You Ever Spent Build A HOME Right now is the time to begin making plans for the home of the future . . . let us give you an estimate. We are prepared to build Cabinets for Christmas gif ts. See us. mHAZElW00D.i Junaluska Supply Co. JERRY LINER, Owner Phone 263-J Lake Junaluska based upon the service we render rather that to rely solely upon arbi trary massed standard. After all, these things stabilize the people, vital ize the citizenship and furnish the groundwork for enduring democracy. "Our nation is republic and the greatest democracy on earth. The individual responsibility and oppor tunity loom largest in a democracy. The preservation of a democracy de pends upon safeguarding our ideals of Americanism and the fundamen tal guarantees of our constitution which provides security for the per sonal and property rights of the citizen. "Toduy in the land of the dictators, individual rights have been submerg ed and minorities are being oppress edly persecuted, deprived of their liberty, robbed of their possessions and driven homeless and penniless from the land. Today in Germany, there has been enacted the policy of persecution and Oppression against the Jews, the like of which this world has not witnessed since the days of the Pharoahs, when the ancestors of the Jews were required to make brick without straw and to suffer death by despotic decree of a new born male child in every home. God; gave them deliverance then and the God of Abraham and Jacob still reigns. "Among the rights which we revere and which the American people must forever defend, there is none more im portant than this: no citizen shall be deprived of his liberty or have his property kept with the judgment of the law. This is the arc of our cov enant , WTe must always remember that in the past 150 years, democrat ic America has achieved more bless ings for mankind than were achieved in the 6,000 years of despotism that preceded our system of government." North Carolina was represented by 50 officers of building, savings arid . loan associations, who are tak ing an important part in the delib- of the death of father, the late Na than Phillips. THE FAMILY. They tell me the stocking fad owes it existence to the fact that there wasn't anything left to fasten them erations. A special luncheon at which all of the officers of the national as sociation and other notables were present, was held honoring Governor Hoey. Mayor John B. Craven, of Lex ington, presided at this informal gath ering. , gr fflArJUNAUISKgo PHONE 77 JUST AS THESE STORES ARE READY FOR YOU J We Stay Prepared To Serve You I With Your Needs In & INSURANCE REAL ESTATE RENTALS. J L. N. DAVIS & CO. MAIN STREET I 1 lBPFS j At Prices That Will Please You I Buy Now AVhile Stocks Are Complete Santa Advises Buying Your Gifts Here SVWRHJESVULE "'i Appropriate Gifts For Every Member Of The Family 15 Vi fii-T iiiiiai I wi'.i :.'."; mis Harold's Dept. Store "Haywood's Shopping Center WHEEL GOODS At Popular Prices MASSIE HARDWARE CO. JIAIN STREET ROY PARKMAN WAYNESVILLE, C.
The Waynesville Mountaineer (Waynesville, N.C.)
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Dec. 1, 1938, edition 1
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