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Page 2 TUB WAYNES VTLLE MOUNTAINEER TPAYLNoVEMBttf The Mountaineer Published By TEE WAYNESVTLLE PRINTING CO. Main Street Phone 137 Waynesviile, North Carolina TK County Seat of Haywood County W. CURTIS EUSS Editor MRS. HILDA WAY GWYN Associate Editor W, Curtia Buss and Marion T. Bridges, Publishers PUBUSHED EVERY THURSDAY SUBSCRIPTION RATES One Year, In Haywood County Six Months. In Haywood County One Year, Outside Haywood County -$1.50 - 76e . 2.00 All Subscriptions Payable in Advance Katand at Uw poat atfiea at WajnaariUa, N. a. u Saooad Cixm Itiil Mutur, u proruixl uutln Uw Act el Man S , 1S7S. liavaaibar go, 11. Wlty aoticaa, naolutiooa af raapact. card tl tkaaka, u all aaticaa of nUrtainmeata tor profit, will ba obargoj tar at ta nta of ona cast par word. North Carolina i 'HISS ASSOCIATION) NATIONAL EDITORIAL. ISSOCIATION THURSDAY, NOVEMBER 21, 1940 I III Inflation Scare The inflation scare which followed the pro posal of Secretary of the Treasury Morgen thau that the debt limit of the Federal gov ernment be increased appears to have been short lived. Burton Crane, financial writer of The New York Times, describes the sober second thought of Wall Street on the subject as fol- lOWS: ; ' . ''V'T ' ' "Inflation has become the word of the hour. Wall Street is stirring with the hope of it' or fear of it Hope or fear that, if inflation takes hold, values will change and investors and spectators alike must make their plans ac cordingly. "Secretary Morgenthau's request for a higher debt limit started the talk, dramatiz ing the feeling of the last several months that the country could not spend four billion to six billion dollars a year on armament without1 causing some shifting of values. Some in vestors began muttering fearfully of Ger many in the early 1920s. Others began study ing our present machinery for the control of what inflation must come. They found themselves not so fearful, Here and There -By- HILDA WAY GWYN The other week we quoted a well known woman in town about the conduct of certain groups Lb the Park Theatre ... . at the same time she took the master up With the manager, J. E. Massie . . . tbu week she handed us Mr. Massie's reply and asked us to give certain parts of the letter as follows . . . which should reveal how many headaches the matter has given the manager . . . who ts tried so hara to "force good manners" en his pa- j-ons. , . . Mv dear - I wish gratefully to acknowledge your recent letter setting forth certain constructive criticisms of the conduct in the Park Theatre, and I agree with you one hundred per cent as to its effect on patrons who wish to enjoy the presentation in comfort and tranquility. However, I eannot agree with your ideas of correction, as I have tried the matter of projecting a "LET NO MAN PUT ASUNDCRT I . . . , attaSI Inflation, in its simplest, all-inclusive de- Young Leaders The nominating committee of the Cham ber of Commerce took a right-about-face Mon day night when they nominated 31 inexper ienced, but energetic and progressive men and women as candidates for the 16 places on the board of directors of the organization for 1941. With the exception of the present pres ident, not a single nominee has had prev ious official experience with the organization, but all have had enough practical business and civic duties thrust upon them, that they have proven themselves worthy of the obli gations and tasks which lie ahead. While the group is young in experience, they are conservative as well as progressive, and such a combination makes a healthy con dition in any organization. The group that for years have carried the burdens as directors and committee chairmen of the organization do not have to be sold on the work; they are ready and can be depend ed upon to support those elected. . This newspaper has watched the chamber of commerce die, and then come back and flourish. We have watched with keen inte rest as new blood was injected into every de partment, which brought about almost un believable accomplishments. We are1 elated over this new set-up which will push men and women with new ideas and bigger determina tion to the front. Any of those nominated are capable of do ing a good job, and the least the community can do is to show their interest by casting a big vote. It looks like a new day for the Chamber of Commerce, as both young and old will be harnessed into one program designed for the common good of all. Needs Recognized In the "Voice of the People" last week it was interesting to note how many people felt that there should be a change of some kind in our educational systems. The reaction against the old system should have been an encouraging note to M. H. Bowles and the teachers of the Waynesviile District School who are now in the midst of inaugurating a guidance program in the schools that will develop and grow annually into a useful service to both teacher and student- " While the benefits of the initial efforts in the local schools will not be materially felt this year, the foundation is being laid for a system that will eventually revolutionize the Waynesviile District Schools. ' : - Students of the future years should be prepared to face life with more preparation and confidence than those of former years. flation, is something which lowers or tends to lower the purchasing power of the currency. When prices rise, money buys less. That is inflation. "A tariff is inflationary. So are arbitrary limitations on production. As this country has discovered since 1930, however, a consid erable increase in the currency circulation is not inflation. That is merely an auxiliary, powerless unless true inflationary influences are at work. The money simply flows back to the banks, creating excess reserves. The same is true of low lending rates. Other factors must be presented or there is no inflation. Wall Street students believe that the pres ent situation holds the germ of a modest in flation, but assert that there will be nothing spectacular about it. In the World War, wholesale prices more than doubled. Nothing like that is likely this time. -In the first place, there are now no impor tant shortages of raw materials, as there were in 1917. The few exceptions do not justify a general advance in prices, as the priority system will take care of them. "In the second place, the government now in power has shown a disposition to keep prices m line with wages. President Roose velt moved to do so in 1937. He and his asso ciates have vast powers to control prices. Last week Mr. Morgenthau announced in no uncertain terms that ihey would be used. Secretary Morgenthau coupled his sugges tion for an increase in the debt limit with another to end tax-exempt bonds. That reform is long overdue and will be particular ly opportune at this time of increased bor rowing. If taxes are stepped up and the op portunity to escape taxation through pur chase of government securities is ended, the total increase in the national debt should be relatively small Moreover, provision will already have been made for taking care of that debt once abnormal spending for defense purposes is at an end. Raleigh News and Observer. ,-. .. Old Thanksgiving Day North Carolina has had a way of gaining distinction in emergencies. "First at Bethel, fartherest at Gettysburg, and last at Appo matox." ., :-.p----r .... ; ... Now if we don't get a move on us, we will be the last to fall in line and celebrate Thanks giving on the new date set by President Roose velt . A ., ; .: Last year about half of the states approved the President's plan, and this year the num ber has grown to thirty-two out of the forty eight observing the third Thursday. With the stride in which Tar Heels walked away with the tradition of precedent of a third term, the difficulty they are having over giving up this Old Thanksgiving Day seems a bit somewhat inconsistent. . This year we Americans have' so much to be thankful for that it might be a good plan to observe both dayn, at least with gratitude in our hearts. ? Food For Europe As winter advances the question of food for European countries becomes more acute. In a recent article in Collier's magazine for mer President Herbert Hoover urges the American people to send food to the hungry countries over there. Americans are by nature a generous people. They are not in the habit of turning deaf ears to those in need, but in this case, it would appear the better plan to let the call go unheeded, until the Germans make France a free nation, and make certain adjustments in other sections of the conquered territory. Mr. Hoover argues that food sent to the conquered countries of Europe will not aid the conquerers, but it will be hard to con vince the American people that any supplies sent to the nations under the heels of Hitler, will not indirectly aid Germany. No doubt when the stage of rehabilitation comes there will be many more opportunities for the American people to show their gene rosity. As yet it seems the wiser plan to let Germany feed her own. not spit on the floor" and they proceed to talk and laugh about the matter all over the house, and spit on the walls too after that. I have also placed young men ushers in he auditorium with instructions to ask anyone who persisted in talking or disturbing to leave, and the results I got were two or three heated arguments right in the theater during the performance. Then I tried two girls who said they could handle the matter, and at the end of five weeks I could find no improvement in the conduct Voice I have repeatedly gone down and taken out of the auditorium behind the defense program What is yoo opinion of the pro- at such a cost we will have to have Dosal of Secretary of the Treasury it." Henry Morgenthau that the limit on the national debt be raised by Con gress from the present $49,000,- 000,000 to $65,000,000,000 to finance the defense program? - certain children whom I found to be constant offenders and refused admittance to them for weeks, but all this seems to be of no use, so what am I going to do T I can not refuse to admit children of a certain. age on Sunday or other days, as this would be against the principles of community service and to be perfectly frank the of fenders are not all children, as I believe you will agree. I was pleased to note Mrs. Gwyn's remarks in her column last week, and it seems that she has offered a solution to this matter. Jonathan Woody President of the First National Bank "I think every citizen and taxpayer in the United States is wholeheartedly It appears that we must have it, oth erwise our present holdings could be endangered. However, there must be a stopping place for our national debt, otherwise we are headed for inflation, which would be most serious." C. V. Bell "I believe that we should maintain enough confidence in President Rooseelt and other high officials to let them decide how much should be spent on National Defense. Some drastic means of protecting this country at this timed la nnnnrpnt.lv nuMaoomr Tf and I believe that if we all try ia better to go in debt than run the co-operative campaign along this line something might be ac complished. . . With all the forecroinar from Mr. Massie, it looks as if the next of fender woud hesitate to put him self in such a position. Mrs. Jack Holtzclaw contributes the following . . . which in this day of labor agitation and "40 hours a week should be of inter est .. . it is a list of the rules made out by a merchant in Mon treal, Canada . . . back in 1843 for clerks, With North Carolina's world's fair exhibit to be returned from New York to Raleigh, here's hoping that it won't cost as much to ret it dismantled as it did to get it mantled. Greensboro Daily News. Some disappointment is being expressed because we gained only seven per cent In population in the last ten years. That's a better return, however, than sound Invest ments will yield today, Exchange. "Opportunity doesn't knock quite as loudly as in the old days for her hands are pretty calloused. "Store must be opened Dromnt- iy at b a. m. and remain open until p. m. the year round . , , Store must be swept; counters, base, sneives and showcase dusted . . lamps trimmed, filled and chim neys cleaned; pens made; doors and windows opened; a pail of water and a scuttle of coal must be brought in by each clerk be fore breakfast , . . any employee who is in the habit of smoking Spanish cigars . . . getting shaved at a barber shop, going to dances and other places of amusement . . will most surely give his employer reason to be suspicious of his in tegrity and all-round honesty . . . Men employees are given one evening each week for courting purposes ... and two if they go to prayer-meeting? reirularlv . . .! after 14 hours of work each day in the store, the leisure time must be spent in reading good literature. If the author of these rules could have looked Into the future what would he have thought of the gale with modern make-up and ! the clerks who take in the night! life wkb them . ... during their leisure moments. . ... 1 An extraordinary story of a "Lost and Found article is the ex perience of one of the young ma trons of the town . . . six years ago she lost her wedding ring . . . after searching for sometime . . she gave up ail hope of ever see ing it again . . . recently she and ner Husband built a new home they moved in . . . they unpacked some of their "Lares and Penants" in the garage at the new home . . , and out fell the wedding ring . . she say she i more thrilled over it this time . . . than she was when it was first put on her finger . . . because she expected it then . and this last time it was such a thrilling surprise . . no bride could be prouder of a brand new nng than she is over her "lost" wedding ting. . . J. C. Patrick "The descent and preseravtion of our nation cornea first. If we are to keep this coun try free for posterity, they should be willing to share the expense of keeping it free, therefore, use all means necessary to do so." Stewart As? Signs poit To Coming y -VAfterwJ By CHAaUsTj , v Centra! VARIOU3 thing, 3 t ollow our present Eh acrlDtion aent M For Instance, it-. .. . . JripUonhoV bZ2 the law wa, under i i if, I n ?fsr W I job. ' J' l b.,,, tS IRS I'"J hat" are tndil v wet our J George A. Brown, Jr. ''Under the present emergency I feel that if it is necessary to defend this country, and if it takes that much money to do it adequately, there is no other course." R. L. Prevost "I take it for granted that the secretary of the Treasury, Mr. Morgenthau, knows his business, as to what the admin istration has mapped out for a De fense program, and if the program is to be carried out the necessary expenses will have to be arranged, and it takes money to do bis? things." chance of loosing our all.' T. L. Bramlett "I lot feel qualified to express anVitJifcn on such, but I do. trust the ; wisdom of the President and the secretary nf tho TroaJnnr" . . ' I Jameg S. Queen "I approve the James B, Neat "I think if It is Proposal. I had rather see this necessary to have national defense, ) country in debt than in bondage." L. N. Davis "I think that Con gress should authorize expend! tures to fully and sufficiently carry the defense program,, even, though it exceeds ; the limft that ' Mr, Morgenthau is asxmg.' . CLIPPINGS STATE NOT REARMING Among the state budget requests is one for a 10' per cent increase in all salaries in the state auditor's department except that of the au ditor himself, whose salary is fixed by law at $6,000 a year. The employes may need it, but who else is getting 10 per cent extra 7 The farmer out there in his field isn't getting it. The employee in private business isn't gettinir it. The teachers aren't going to get it. Many a man operating a bus iness will be glad to get out of it as much as he did last year. A casual rook at the budget re quests discloses that departments and institutions have raised their sights. They ask for a total of $96,945,000 for the next two years. compared with $84,223,000 estimat ed expenditures for the last two. This occurs, too, when the federal government will be taking more and more from the people, defense expenditures calling for what may be unlimited sums. The State of North Carolina is! not at war. It is not rearming. It is not building ships and planes and training men. It is confining itself to regular peace-time work. It should at least restrict itself to peace-time expenditures, make an effort to cut down instead of going up. Shelby Star. BILLION-CRAZY The secretary of the treasury an nounces that a request will De made to remove the statutory restric-j tion- up on the public debt, and ask that the limit by set at $60,000, 00,000 instead of 49,000,000,000. There has been a general impres sion that the limit was 45 and nott conscription of everybodjr j vuuuu. rour oiiiion must nave hibltlon Us quits ukr crept in the side door some time or present emergency Bay Mrs. Roonevelt think It should r nn1ifw r a And nrnhlhttu. .. . r ...bv uic siiuauoa. In a radio forum aJ su poient a voioe cdettnor tvoosevelt'a u. favor of conscriDtion n . She expressed the hop i day there will be universj not only for armed fnW ivr uiose wno remain at I Now, conscriotin? mJ diering la a system whic raiieu bo jong tnat most! more or less accustomnil ias been and is the rule 1 cry uemocrauc country. gfuea as havins UA :onscrlpting industrial I iiough, is a pretty nl anan notion except wlf lgnt slavery has existed, jatch women as well at I wouldn't think It woui uiar. It's one thine for a lady to be invited toad ployment It's somethl again to be drafted for Roosevelt might like if doubt a majority of us wj Donovan 0. K7 Drj Colonel William J. (V uonovan, of country! tion, was on the same r gram as Mrs. Roosevett Ueve," he said, "In uniwi tary service as a natioiu I'm not urging that we jow, but It's something .nust think of for the That is to say, Bill coaaU good thing, even when tkj an emergency. There in who agree with him. Newspaper readers i have noticed that Womeal uan lemperance unni among several addiuoq drink groups, nave beel ouslv adoptiner resolutiof -L a . - caning for a ban on an centers in the vicinity of concentration centers. T more, many of these ri demand alcohols re-M everywhere wine and bej ed. The movement has much headway thus fan bet it will, if we get lntai one corking good reason ing out of it In passing, I may ten Doctor J. M. Doran sajd tion can't possibly w work. : Ha should know. He outstanding would-be nfl official back In Volstead a was an exceedingly reM too, but he couldn't get I it He confesses that nei nnd lit well satisfied thai can. When prohibithm v went to work for ta Institute. : Three PoasalbflWd Besides permanent eonl other, but what's an extra $4,000,. 000,000,000 these days? Senator Byrd, of Virginia, who plays the role of watchdog of the treasury, counters with a proposal to lift the restriction only $5,000, 000,000 at a time. More, he asks that the government should reduce its non-essentiaL non-defense spending "to the absolute mini mum." , His voice will carry little weight It is a voice crying in the wilderness, a wilderness of bil lions upon billions of dollars. We are on our way now, roaring along the way, and saying it with bil lions, v A billion dollars used to be The Ohio Agricultural Experi ment Station baa found that wheat mixed with corn is satisfactory dairy feed. " THE OLD HOME TOWN IMC EGO MAM JM OUST TOVMN alA vTT?AaVM!:t-rOLAY TUEW? ESS M&an- ra w AW EACH E tWTEO. -MEY AU. THfcK CACKUM& ON THEIR STAiNltEY 77, By ryj', i. 7ii i .. . . . OFF' ZTt POOBLE YOLK I J elX WTTH TME FRESH ll inn t!U furtner Those three posibiliU mi innfflf. t.'.i . .hi. fhir mllft! Uonaries are doing their m make army discipline, thU pleasant as they can tw and file. , At thebeginrJngcfW paUon in the last war were ample, OonnW"g of them t a railroad" traiwporUUonmw cer would herd em J He'd shout "HeP' "jij make them atep proP he'd shoo them Into box cars. , n -On today's occarfon U several delegation of J teera entraining to ' ton) the profeaslonfl gays courteously; Uemen." And for an overnight them Ujto oUd ""2. of Bt never git rich dWj you're in the rmy scheme', to whole outfit . )J If. anybody's f g this PIitene,n,. tf K a soldier mr - real money; it' er feed. ,rtia lunaCT m 1""" treas. Sometime, bra at others ai e are it W rtntief. ...... .r,otl(l-CI1 f8 iL, "l and talk rf ore w '".- at dt specially om. iheloy S'sr.
The Waynesville Mountaineer (Waynesville, N.C.)
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Nov. 21, 1940, edition 1
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