Wiit, Feb, 6th
; o; our stage '
J,
KADIO AND STAGS STARS '
IN PERSON
, P5X HILL, N. C.
GEORGE S. BENSON
PttiiitntHttiiHf Ctlltt
. r i "1 Figures
'." f U j , " l,'n' l-ig are
mt-1
- s i ' i rt
. out ' i ; i a d
-jfljj if -v s (i d
h as - ,-i 1 A t-
i,.'Ur fo Vk-i'I trey
figures
t
.dcirionsirtu-o b.v J tyiw ,. .
Most of," Aiy.-Vm IT -r was
pleaded, I b." ; , iv i ii il e CIO
, ,. adopted , arfeesos;iun reccmly con
" demnmCorr-hiujitST influence in its
. 'v- rariks. i l suspect the rank and file
. back home, gave this action a round
t of genuine applause. And aside from
- the intra-union 1 politics ..- which
t prompted the resolution, regardless
of the doubtful political tinge of the
i ..the nien who -drafted it, my belief
is that the CIO unions, are, taking a
',' step to the right direction. It re-
- mains to be seen what shall follow
, ; in. future councils. S
' ' i -i ' r' a Wfc Becord ' '
At any rate, . these unions have
put down on the -record their resent-
' ment and rejection, of efforts of the
Communists and ' ''other political
li " parties" to interfere with their, af-.
. fairs, ComniunistC-theyseem to lm
- 'v ply,-are Just another political party,
but let us not forget 'Wtia.t Weplegy'.
'lfonowecliy;.the ColrfMlnJst line,
- whether in party by that name or
in other parties. .There's nothing
'American about thir Ideology nor
l- tiieit. long-range aims, j "
.. It ouM seem the;.tfme hasome
' ' ' A tnr niiWltun mnini-'TwiHtiral nartloe
i to &$&jbi$. . than r.u.rc2y die Jwn the
' y, Communists .'.io have infiltrated
1' ' their -wri.1r5nl:s and the ranl?s if
', labor;.'. Moreover, it mijht L3 a good
V time forthe two major parties and
v ' for oijaders of labor - to; say
, hat political action groups have no
1 Jifpes interfering with the effairs
4j)jUtical parties.
. ." Greater Threat "
' The .etentto which Communist
Ideology'-hak penetrated gradually
; th coiiacil' of', labor ('so' doubt
' much iuate -fliah tabor itielt, is
twas.Arprominei)tiabor personal- j
., i .y, recently, sevaown.ina pronis ax
1 ' industry- forr IMS as' 915,000,000,000,
' after, taxesy and added that this rep
. ' . resent a greater, threat to the 'na
' , tion than does Communism., "
'nrbat9er industry's earnings ,will J
ce tor. lveo, tne .ngures wut not e
'' I 'Jr enougfeuV'Tte poor showing in
'n U.e trst nine Tnonjhs of-the year, as
' t en.' to "the . stalled output .f. the
1 antoijpobile. industry, arid in the fail.
" "ore of many industries to make any
profit at all, will not make large
urns available for higher wages..
The Profit Motive .
Poor industrial earnings1 will-not
permit tnahagement to set. aside
funds for expansion and for badly
: needed working capital: Neither will
, ' lagging production bring a prosperity
lnyeL that will help pay our tremen
. 'dous war debt No production brings
: no profits and no wages.
Americans dislike . to " sea any
' groups discredit the profit -motive.
We like each man's prerogative to
- make a profit, whether he belongs
on the side of management and own
arship, or whether he is a wage
earner. It is elementary economics
- that wage earners do not experience
. tncreasedwagea under conditions
- Where there is no production. Sure
ly the rank and file of Americans
know this. We cannot believe that
any loyal Americans would like for
Industry to be constantly in the red.
But we know that the Communists
. would. "
C3 Tl:iiI mm A'.TSip
,' ' J t N fUr3 1Z. ' """3. ':'
"No" claim medical authorities, who ought to
know! Nature has so constructed and phvsi-,
ally endowed woman that in many cases she's
fit to suffer certain distressing symptoms
' curing her life. For instance, when she enters
womanhood or during the menopause, the
period when fertility ebbs away,
Nowlf on 'certain days' of the month fe-
male functional monthly . disturbances are
ruKing you to suffer from pain, nervous dis
' t. and feel so tired, cranky, you snap a
...-r children and husband then do try Lydia
U 1 iukhnnn's Vegetable Compound to relieve
a oca symptoms, it's tamov lor this purpose.
Ha r::aAU.Yf if drlt nd Women
.-'aVavGomtwunsi Dons kom thanreUeve
! iHoiutily pain. It also relieves accom
- nervous tension. Irritability and weak,
.aun feelings when due to this cause.
V a rt uiarly thruout the month this
! t meacine helps build up reslstar.ee
uinat siu;h distress. A tHng any eeiuiwle
.1 ,Hna uouU want to dol . .-. v
t rsrali Conroound Is 'also very
1 t -we hot fls!m8 and thewe funny,
! fi.irn'? tlte' ii n to
FORUM
Hi.
i ureeneboro, w. u
' ' , January 20, 1947
Kditor; ; , .
Please publish the following let
ter in your public pulse column.
As a citizen I w'oujd like to' make
few suggestions in regard to the
revenue measure to be enacted by
the legislature. - . i'-'
. (1) In my opinion the franchise
tax: should not be reduced at this
time practically all corporations
today are paying more Federal
taxes than State taxes. The $I,40O,r
000.00 in, taxes that will be saved
by not making the recommended
reduction in the franchise tax, can
be used 4o advantage in the edu
cational program.' . - '
The franchise tax is arrived at by
taking ' the physical value of the
plant after allowing for deprecia
tion, adding the inventory and then
multiplying the total by $1.75 for
each $1,000.00 value. U;'-f:- i;
The principal owners of i many
utilities and other corporations do
not pay income taxes in this State.
One capitalist reputed to be; worth
100 million dollars before he pass
ed to his reward some, years ago
paid less than $1,000.00 a year in
taxes in North Carolina. He was
born here and had a home here
but maintained his citizenship In
anotherstate, . - ,
"(2) The dominant group in the
moving picture theatre, business in
North Carolina are as ruthless a
group as , ever scuttled a ship.
Through their financial strength
and strong arm methods they pre
vent competitors from getting the
OOOOOOOOOOOO
o
o
SHOP AT
I BEULAV1LLE
O
o
o
o
o
o
o
SODA SHOP
Jt Modern Soda Fountain
Magazines - Cosmetics
' Patent Medicines
.Representative
' Warsaw Florist
o
o
o
O DANIEL W. LANIER
Q
O
Proprietor '
DOOOOOOOOOOO
.
Uncle Sam ays '
i J ' IP 1O
Pender these facts, u.ece and
nephew. In 1937 many Americans
bought the Series C Savings Bond;
similar in every respect to the pres.
eat Series E bond which millions
yen are bow,- buying regularly
through payroll savings or at your
bank or post effice. . , : .. v -
Duilng 1947 the Trcacury Depart
ment will hand over f 1 for every $3
these wise Americans la 4 awar 10
years ago. lite toial payoff id Inter
est is a staggering sura over $100,
000,000. Nearly 75 per cent of all
bayers of Serlee C lKw held oi t
them for the full 10 years. Von hav
the opportunity new to Join your fel
low Americans who will share In the
Treasury Department's .19S7 payoff
of an extra dollar for every $3 you
invest now in Savings Bonds. ,
- - V. S. Tttanry Dt pattmtnl
SAS1
. 4
t. K
" F )
T M !
Lest pictuits i i i t u...i
themselves mcit ci U8 UiCcy being
spent for amusement within our
borders. A special tax placed on the
ownership of these theatres would
not protect the weaker theatres but
would return to the public part of
the enormous funds being spent
for amusement. Theatre' lobbyists
two years ago knocked $400,000.00
tax- off the budget commission's
recommendations. . . -
(3) My next suggestion is a kil
owatt hour tax on electricity, re
ducing the rate the same amount
as the tAY::in-ntfiAr vArHi lonvlna
the consumer just where he is to
day, crump did this in Memphis,
passing the savins' on the nuhlie
treasury instead of to the Individ
ual. The State tax is deducted be
fore the Federal tax and in recent
years, has been much less.
(4) Last year the Federal Gov.
ernment collected more than 500
million dollars excise taxes on. to
bacco in North Carolina. This tax
is set up as an expense ahead of
Stats taxes, greatly reducing the
amount of taxes North ; Carolina
otherwise would Ket. As a matter
of fairness part of this revenue!
snould remain here. Last venr th
Federal Government returned to
Porto Rico 51 million dollars from
excise taxes collected here on Pnrtn
Rkan tobacco and rum. Why should
they not do as ..much for North
Carolina?
' " John W. C'aik.
RESOURCES DECEMBER 31, 1945
, Cash on hand and due from Banks .. $ 6,407,484.41
U. S. andlT. C. Bonds 15,213,398.69
Municipal Bonds and
Loans and Discounts
Banking House and
Other Assets
TOTAL
LIABILITIES
Capital Stock Preferred $
1 Capital Stock Common -
Surplus...
. Undivided Profits
Other Segregations of Capital
TOTAL CAPITAL ACCOUNT
Reserved for Interest, Taxes, Etc
Other Liabilities
. i. . .....................
DEPOSITS
TOTAL
As a financial institution increases its working capital
it is enabled to broaden its operations and to be of greater
service to its patrons. It becomes better prepared to meet
any adversity or financial strain.
For these reasons it has been the policy of the Waccamaw
Bank since its founding to "plow back" into its capital ac
counts a substantial portion of its earnings each year. In
addition, increased capital funds have been provided from
time to time by the sale of new stock.
As a result, the Waccamaw Bank now has a capital struc
ture of $932,215.00, the largest between Charlotte and Wil
'. WIHTEVILLE
V CLARKTON
! FAKr.IONT -V."'
VluSte'Ia WUutosi ... .
Mrs Daisy Miller and son and
Mrs. Rosy Bone? and son (colored)
spent the week end with their
uncle 'in Wiknington.'. ,
Uncle Sam Says
Love en a dime sounds sweet on
St. Valentine' Day, but love en a
stack of United States Pvlni
Bonds rests on a firmer foundation.
I on can get your slack of bonds
wrouca we payrou savings ps n
where yoo wo.lc or by bnrlng be 3 ;
Tegularly at yoer bank or post utile-
SaVaBct Boniis are a wi r".;rart .f 1
an ineslaient -14 for "? S3 in 10
years' ti:ne
Notes
Fixtures
't Mi mm?
An Account In The Waccamaw Bank Is Not An Ex
periment; You Are Assured Of Every Financial
Service Consistent With Sound Banking.
. - ,. - : , .... ...... ... :
If . A
11 FiaSlt
MEMBER FEDERAL DEPOSIT INSURANCE CORPORATION
WW
IP urn
; Regular 1st Sunday night ser
vices next Sunday evening at 7:30.
Mr. and Mrs. Moses Mewborn,
Misses Edna Sutton, Dorothy Out
law and Christine Qulnn, Messrs.
Theodore Outlaw and Max Ferrell
61. Goldsboro were visitors here
for the week end. - ; '
Mr. D. Stallings and family of
Ayden spent Sunday with Mr. and
Mrs. Virgil Sutton.
Ervin Manly Outlaw, student at
ACC, spent the week end with his
parents, Mr. and Mrs. M L. Out-
Condensed Statement of Condition
230,107.90
21,850,991.00
$ 1,753,193.98
66,474.74
29,084.06
46,000.00
54,000.00
300,000.00
181,776.63
46,000.00
$23,699,740.78
$ 627,776.63
118,283.23
80,599.14
22,873,081.78
$23,699,740.78
uiu su give
Your Financial Friend
V
iLMQ)SlW
TABOR CITY
SOUTHPORT
, KENANS VILLE
Mr. and Mrs. Aihert Nichols, A.
J., and Dennis of Sims were visitors
of Miss Rachel Outlaw Sunday.
"Mr. and Mrs. James Whitfield of
Cramers Chapel were visitors on
Sunday with Mr. and Mrs. Charlie
Vernon.
little Donna Lou Jones spent
the week end with her grand par
ents, Mr. and Mrs. J. H. Parker,
: Mr. and Mrs. Alton Barnes of
Lucama were visitors with , Mrs.
A. D. Outlaw Sunday.
Mr. H. C. Doby, student at Cha
pel Hill, spent the week end with
Mrs. Doby, teacher in the local
school here. -
Mrs. Hawley of Kington visited
her mother, Mrs. Katie Outlaw on
Sunday. -
Brachial Coughs
Duo to Colds
flpond 45 cents today at out dnic
tare lor a DotUe of BUCKLEY'S CAN
ADIOL mXTURS triple acting acts
promptly to help loosen up thick, sticky
phlegm soothe irritated throat mem
branes and ease tiard coughing spells.
' Try it the very Best time a cold results
in a wrscking, stubborn cough And out
for yourself how good and effective It
is for coughs doe to colds. Cot BUCK-
XJDT8 CANADIOL JfrXTTJRE mad in
the U.S. A. TODAY all druggists.
DECEMBER 31, 1946
$ 6,976,449.93
15,031,872.16
146,606.40
$ .00
200,000.00
500,000.00
198,000,578.44
33,636.56
mington. The substantial increase in onr capital accounts
during the past year not only enables the bank to increase
its operations and to broaden its services, but also gives
added protection to our depositors.
With adequate capital funds and total resources of $24,
884,472.53, of which $22,154,928.49 or 90 per cent is in cash
and immediately available assets, plus 21 years of success
ful banking, we are amply prepared to meet any emergency
n.J - 1 1 J. J l 1 . .
juu uuiupicie huu uepeiiiutuie
11
Jr..
Outlaw, Sr., Sunday.
. L. W. Outlaw,; Duplin Represt 1
tative, spent the week end at home.
t Mrs. I. B. Sutton was hostess t )
the Home Demonstration Club on
Monday.- Mrs. - Alene Fields was
welcomed as a new member. Mrs.
M h." Outlaw presided and called
the meeting to order with song and :
club : collect ' Following business,
Miss Hilda Clontz presented the
program, using as her topic, "The
Farm Outlook For 1947." Refresh
ments -and recreation closed the
meeting. '
' !- I it. ii '
11
sjr MesissMmata, m o . rH-
RwV. H. J Who!y
Bcwiarllie, s it.
22,154,928.49
2,530,744.96
129,296.92
69,502.16
$24,884,472.53
$ 932,215.00
123,624.99
.00 ?
23,828,632.54 '
$24,884,472.53
tiiumcuu service.
v-n
2
I g ' -JSMttv- .
raa
CHADBOURN
, SIIALLOTTE
h ROSE IULL