North Carolina Newspapers

f SfgH -?????. - I ?mi ?? ?!!? [??IM .. Patnotae 0*r Adrtrtistn, For | . .. , 5ttai.ua' b .. I SELL ? BUT and BANK^t :: Thejr An Constantly hvittaf J I H fik l| flfftlVlllP * - IN - | :: Tan To Trade With Then. | A M,|U M J.M V UL&feML 2(9^ J FARMVILLE I \ 1I1IIII11I1I1II11MII1 Iftiltt r 11111 III It III U| | n j UttllAllJ ???'??. ' ?I--' * ? . ?. ?4 VOLUME TWENTY-BOHT PITT COUNTY, MOUTH CABOUKA, FRIDAY, FEBRUARY 11, 1999 . | \\ ' ' NUMBER THIBTY-NtNt Farm Bill Faces Delay Prospects on Senate Floor ,?.r. * y ? AH Tar Heels Present as House Passes Farm Measure By Overwhel ming Vote. m w Washington, Feb. 9.?As usual, the entire delegation of 11 North Caro lina members were on hand to vote for the general farm bill today, but unlike the vote last December, their presence was not needed particular ly. The bill passed by the unexpect edly large margin of 263 to 136, pro ponents of wage and hour legisla tion falling in behind the farm bill and expressing hopes that a wage and hour bill will be passed later. Much delay is expected in the Senate. Senator Robert R. Reynolds today issued a statement in which he predicted that there would be no vote before next week. Senator Reynolds highly praised the conference report and also ad vocated repeal of the undistributed profits tax. His statement follows: "The farm bill now awaiting ac tion in the Senate is clearly an ef fort to compromise sectional differ ences. Like most legislation writ ten under pressure, it does not rep resent approach to the problem of maintaining farm prices and improv ing the status of agriculture. This latter is particularly true of those features providing for research lab oratories to find new uses for farm products. Naturally, I am hopeful that North Carolina will be selected -as the place for one of the research laboratories. "Tobacco and cotton growers In North Carohna should feel optimistic over the farm bill as finally reported by the conferees. I have studied the conferees' report and shall vote for it. Provision is made for prompt action on a proclamation of tobacco quotas within 15 days after enactment of the bilL Provision is also made for participation in a referendum only by those tobacco farmers producing im the crop harvested prior to. the ref erendum, the results of which will be announced within 30 days after the quota proclamation. "The marketing quota for flue cured tobacco for any State is not to be reduced to a point less than 75 per cent of the production for 1987. The Senate bill had set 80 per f cent. ''"The conference report retains the ? allotment to farms as not less than (1} 3,200 pounds in the case of flue cured tobacco, and 2,400 pounds in the case of other tobaccos, or (2) the average tobacco production for the farm during the three preceding . yea'-s, plus the average production for tobacco acreage diverted during such three years under previous programs. "Cotton farmers in North Carolina will in all probability be helped un der the conference report raising the eligible acreage in the State from 778,300 acres to 886,700 acres, a gain of 108,400 acres as compared with the Senate biSL It is estimated that : tlus additional acreage will produce an added 69,300 bales of cotton. "While it is anticipated that the Senate will consider the conference report on the farm bill immediately, I do not anticipate a vote untO next week. "As the farm bill will help to maintain farm income, there is every reason to believe that repeal of the ; ^undistributed profits tax weald help business and industry. I am in full sympathy yrith the protests I have received regarding this tax. ?i / "Obviously, when business or in dQ8try k prevented, from using pro Vf fft* to expand, increase employment and maintain wages, sometldag is At a meeting of the Tobacco Board ST*S IWU ka* f ^T; ^ ? *' ., ,,, l> ;* ^ M ? ^ Bjarkrt.fojr fevt# years, m at neof ' -servisors in the state. Small Business To Raeeive Aid Roper Says Plans For Government Assis tance Will Be Announ ced Soon. Washington, Feb. 9. ? Last week's uproarious me ting of little bufinesa men, who clamored first of all for easier loans with which to expahd their enterprises, got results today. Secretary of Commerce Roper told reporters that in about a week a plan would be announced for lending gov ernment insurance of loans granted to them by the banks. Chairman Jesse H. Jones of the Reconstruction Finance Corporation and others in the administration are m?irfng a survey of the situation, Roper said, and will formulate the recommendations. The loan question appeared to be foremost in the small business men's minds," he added. The little business men reported that while in most cases they were able to get 90-day loans, what they needed was long-term funds. When money is used to expand a business, a considerable period must sometimes elapse before it can be repaid from profits, they said. , "It was brought out," Roper said, "that the well-established company, requiring a large stock issue, can se cure financial aid easier than the smaller company whose capital re quirements are not attractive to large underwriters, even though the com pany might be as successful as the large unit. - - * - J -- ? "It is evident that the financial market is not implemented to ade quately serve such smaller enter prises." Soon after Roper made his announ cement, a bill for RFC insurance of bank loans to small business was in troduced in the Senate by Senator Pepper (D., Fla.), an administration supporter. The loans limited to $100,000 each, would have to be amorized in five years by installment payments. Max imum interest charges of six per cent would be permitted, plus an addition al service charge not to exceed one per cent a year. The RFC insurance premium would range between one^ half and one per ceni. Loans would be hieked by mort gage on real estate or chattels worth 125 per cent of the principal of the loan. They could bejrediscounted by the banks to the Federal Reserve System. BOULDER KILLS 2 Welch, W. Va.?Two negro boys, Junior Hughes, 16, and John Robin son, 18, were killed when a 10-ton boulder rolled down a mountain and tore through two stdries of the Elk horn Negro high school. Three other students and a teacher were injured. 1 Citizens of Pitt Raqottfliriiigit: ABGDieMMk ' ' Greenville, Feb; 9.?A huge ndss meeting of dtlWQi of Pitt Cowdty and the City of Greenville voihd unanimously here tonight to request the Pitt County eomwriwfionere to give up the services of undercover men who have been getting evidence in the county for eevertl months against illicit handlere end manu facturer* of liquor. ^ The meeting, one of the largest ever held in Greenville, was addressed by several speakers. At its con clusion, a committee of seven mto was appointed to appear before the commissioners and demand that the services of the undercover men be discontinued. The undercover men, headed by A. S. Batson, are agents of the National Bureau of Investigation of Norfonc. S. 0. Worthington, local attorney and spokesman for the group who called the meeting, declared Batson, had been paid a total of WOO since Augnrt 1, with |^20O coming the Pitt County ABC Boerd ?d >2, 600 from the county commissioners. In addition to these amoutfta, Worthington said, special prosecu tors in the liquor cases were paid a total of $660 by the ABC Board and $160 by the' county commissioners, through December 1. . Worthington added that it was his opinion that the meeting of the com missioners held to employ Batson was not held in accordance with the law and that, therefore, all business transacted at the meeting was void. The committeemen appointed to appear before the commissioners are M. R. Long, S. G. Wflkerson, Catie Whitehurst, Lonnie Pierce, G. H. Pittman, W. A. Hudson and Worth ington. Long asked that his name be withdrawn and the six remaining committeemen- were authorised to name a seventh. Two liquor Stills Are Taken In Pitt Greenville, Feb. 8.?The capture of two illicit Kqquor distilleries along Tranter's Creek in Pitt County was reported today by J. M. Ward and J. L. Taylor, law enforcement officers j of the Pitt County Alcoholic Bever age Control Board, who pointed but the stills were taken only after a motor boat was employed. ^ . One of the plants had eight fer menters with 8,200 gallons of bUtt. The copper variety distillery had a capacity of 120 gallons and waa equipped with oil burners. The second still was equipped with an eight horse boiler and ten fermenters, gpd had a capacity of 600 gallons. The officers destroyed 4,000 gallons of J beer found near the plant Assisting the Pitt County officers were employes of the Beaufort Coun ty ABC Board. Equipment confiscat ed by the officers was brought to Greenville on a motor trade. Neither of the stills was in operation when disoovsrad. " ?___ ??-?" 1 1 ? (Hago & Sims, Washington Corres After being laid aaide for a fev days, while the Senate acted on tju Administration hooting bill, the anti Lynching bill was before the SeA? again last week. Apparently th? chances of final passage wen hope lessly blasted when the Senate lis (fused by a vote of -61 to 37 to appl] | cloture, which would have xes&rietet debate. The motion for cloture faile< to secure a majority when a two thirds majority Was necessary to cm off the flow of oratory that cbntinue< to roll from Southern Senators, de termined to prevent passage of th< bill *?' ?' I Following his conference with big business men, the President saw tc it that smill business men were in vited to Washington for a confers net and a chance to put themselves on the record. It 1a undoubtedly a fact that many so-called small badness men in many so-called small cities, art worried by threatened competition from bigger companies. For thii reason they hesitate to make im provements and hold down inventor ies to as small a volume as possi ble. K , As one such business man aaid to the writer last week, these small mer chants, wholesalers and operators of independent business ventures, have a keen fear of an invation of their field by a highly centralised group, which will snow them under. Some of them insist that present methods of stock selling, plus convenient bankruptcies, enable big concerns to crush out competition, even at a loss. Then the inside boys reorganise and take the field for good Inasmuch as the voftH l usinesa w?an lost- his capital in the fight and has no source from which to get additional funds. The picture may be a little bit hard to catch but then are many readers of this column who will understand exactly what the "little'' business man had in mind. ?v.. The first-piece of major legisla tion to go to the White House was the hoisting bfll, sent to the President last week when the Senate, by a cine vote, eliminated the much-debated "prevailing wage" amendment spon sored by Senator Lodge. The Presi dent had already directed the RFC to set aside $50,000,000 to invest in lane-scale mortgage associations and inasmuch as the associations can lead twenty times.. their, capital this in wiat, ^ Lb^doUw for housmg loans. The F&AVill insure mortgages covering 90 per cent on y^ies costing np to $5,000 and 80 per wit of the additional cost up to $10, Z ten per cent and the .borrower will have 25 years in which to pay the .... ;. . . Twenty-six senators ana twny four members of the House haye transmitted a message of greeting and sympathy to the Spanish fortes, meeting at Barclona, and praised the fight that the loyalist members of the Spanish parliament are making to "save the democrati^^stitutions" of the Spanish Republic from Its ene mies, "bith wE and without Spain." Party lines were disregard ed, with nx Republican Senators and two. Republicans in the House, and one Progressive joining a number of made puMioby the Spanish Embasfe. it. Catiota Senator - ttiat * it- HVA3 til altiaxi?? V. ? fi_ltiu.'1 ^ mS i V f? V , -I$L, - ? 4 ? * 13 , " ?, ? , tjj * 'r.' r. tnlfl U Qy0 vO ftDV fltaV JuNi I ^ ^1 Anarchy and^Bar^itoyl ? 1 CoMttanea^*1"" BattlC } ? Shanghai, Feb. 10.?A grsve state! I of anarchy and lawlessness today was [reported to be straining authority of [the Japanese in North China while! I Lunehai railroad. I I Dispatches from Tientson said that] r after , the Japanese evicted Chinese ?|offidals in captured- North China] - provinces, these areas relapsed into nbenditry and dvic disorder. . .'T ?| It was reported authoritatively ' - that conditions had become intoter-]1 - able for peasants who had not fled] Mfrom their homes during the Japanese]1 i J invasion arid that marauding bands] l] were preying upon the countryside. ] 1 -] Japanese authorities in Tientsin] i t charged that Communist agents were]) I active in stirring up the people to |j -[unprecedented anarchy. M j Japanese troops were said to her ] mopping up bandits and alleged Com- ] < muni at guerilla bands between Tient- J< : sin and Paotlngfu. Authorities have]' >[been trying to persuade them to sur-M .[render and, according to Chinese re-]i ) ports, 100,000 of them agreed to do]i i bo. . H ; Reports said 80,000 others, mostly 1 J former Chinese militia, homeless]: ([peasants and professional bandits,Ji t]were holding out | II Chinese and Japanese authorities |< .]offered rewards for firearms.and the] .[heads of alleged outlaw leaders. [l .] Sharply conflicting reports of sue-J] cess came -from the Central battle h zone, Where Japanese and ChineeeH ,Jarmies have been fighting for weeks N [for the vital railroad network sind rich]t J agricultural provinces.- . I , The Japanese said eight armies?J1 , five driving down from the Shan-r [ tung Province, region along a battle ]i J line roughly 275 miles'long and three ]< ] fighting northward from the Hwai j< River front?were closing in steadily ]? , on the huge "corridor" along the east- f jwest Lunghai railroad. |< Japanese reports 01 jpuns were disputed by Chinese, who declared * their own troops had prevented the 1 Japanese from advancing along the I 100-mile Hwai River front add were * resisting successfully the armies < 4 poshing toward the Lunghai railway * and the strategic junction dty of Sucftbw from the north. t There were approximately 400,000 < Chinese troops strung along the two J parallel war fronts, which are ap^ ( proximately 180 miles apart and ex- * tend from the Yellow Sea far. ihlhnd c to the Peiping-Hankow railway. This ! line runs north and south, crossing c the Lunghai railway at Chehgchow, c about 275 miles east of the Yellow 1 On the southern front, one Japa- < nese column was trying to advance c directly north from Pengu, where the * north-south Tientsin-Pukow railway t crosses the Twai River. On the west ? flank,' another column was driving c northwest from Hwaiyuap. The third t southern column waa pushing noth- ? east from Linhwalkwan on the east I j flank toward Wuho. | ft ,1 The five columns stretched along d the farflung northern front were ex- ? tended from the Peiping- Hankow o I railway east to Chucheng, in Shan- p tung Province. a ; The Japapeee were struggling to ? force withdrawal of Chinese defend- ? en from the vast "eprcidw" along t the Lunghai or, Jby dosing its west ern end, trapping them inside. a Southern Shantung Province north- q ern Kiangu, North Honan^ hiorth Ah- I hwei and the southern tip of Hopeh ' China were described as inddental b ? the CentoalJlhi^fi^tin^The J S^on^pn .trying to rdaid aia f ot Chinese defending Central | mo l ' 'I Are there any medically super- | vised birth-control clinics fa the U. 1 I?-**^MNlijgk '?_ ?C J? v /lAftrfl in TflA Tl S 7 > _ IntaifgiMe Personal The new law of taring intangibles is an important change in method and a radical change in rates of tax on intangible personal property. No property of this class will hereafter I be required to be listed with local list-makers and subjected to the topH tax rates applying on tangible prop- j ?Sty. All property of this class is returnable on March 16th as of Der-I cember Slat and the tax payable to the State Department of Revenue. The new rates of tax represent an I average of not more than t*n or fif- ] teen per cent;of the rates formerly! to this class of property. It is expected that the revenue at ] the greatly reduced- rates will , be | pnater than under the former much I higher rates by reason of a more] general and complete disclosure of ] this class of property. On promise of good behavior in] jompliance with this law there is] ilso an express provision that no ad-1 rentage can be taken of any tax-1 payer who made a complete disclosure I !>y assortment of a delinquent tax igainst any such taxpayer for fail-] ire to make a complete disclosure in I listing of intangibles in former! pears. If a complete disclosure is] suide on or before March 16th of this] pear, no back taxes can be assessed >n such holdings. Bank deposits are not required to m listed by the depositor unless de posits are made in banks, outside of! (forth Carolina, as all banks within! lie State will report deposits to the Department of Revenue and pay tlier ax as agent on inch deposits; tax- J myers must make return of all noney i deposited as postal savings. ] rhe rate of tax oh money on deposit] s only ten cents per one hundred] tollers and is baaed pn the average! it deposits at four quarterly periods li mding December 16th. Accounts I; ihowrng average quarterly balances if less than $106.00 are disregarded, i The second classification of tax is hat of money on hand (Le., in lock i iox, cash. register, etc.) as distin-J pushed frbm bank deposits, and isji axable at twenty cents per hundred < lollaxs of amounts'held on December i lint in excess of $300.00. . | h.Accounts receivable are taxable atli wenty-five cents per one hundred I lollars of their FACE VALUE on December 31st in excess of $3OO.O0.|< hurentaccounts payable may be de-li lucted from accounts receivable, butji leductible JtgSrrent accounts payable |i hall not include indebtedness on ae-ji ?unt of capital outlay (i.e., pur- [ base of land, buddings, improve-1 1 aents, machinery, etc.) i f-JJbnds, notes, and all other evi-j] fences of debt are taxable at forty ( ents on every one hundred dollars 1 f the FAIR MARKET VALUE j hereof on December 31st in excess 11 rt $300.00. This classification in-J j ludes all evidences of debt other J han accounts receivable. Evidences}4 f debt other than current accounts ;' ?yable may be deducted from the j < alue of bonds, notes, and other evi-11 fences of debt Bonds of the United 1 Itates, the State of North Carolina, J f counties, municipalities, or other j I ?olitical sub-divisions of this State 11 re not taxable. Payment of such] vidences of debt are not enforceable! n the courts without payment of the j ax. . Every person, firm, or corporation! ctbig in a fiduciary capacity is re inired to report and pay the tax ph i , .11 intangibles held for lite benefit of* esidents of this State. No tax is levied on the cash sur- P ender value of life insurance policies, iut a tax of twenty-five cents on very hundred dollars of value as of] Jecember 31st is levied on all sums | Bft on deposit^, with insurance com-! tanies by a resident of this State, the] oindpal of which is subject to with-11 irawal at the option ofpartyor par-j ies entitled-to receive it after stipu- ? ""***... ? , . I! fl tax oftwrty cents Jfer one nun- . Ted dollars of fair market value on i i levied on shares of stock held by ^^ock^iTi every domestic corpora / ?* - ? " mi.* . ? . '? ,,j.li>|j.puifwkL i_ ': f .ii|if Jlk * ?? .? ' :'. , j> ,' '_A f ' '? '14-1 ij. Kevenue. onsrcs or ? stocn in i ? . Senator Bd^R^KuWs r sipnd Secretary of State S^AttendT The Honorable Governor <v: Hoey will be in attendance at the American Legion Exposition in Farm- 0 ville, one night during the week of Feb. 28th; it is also anticipated that (Our Bob) Reynolds, United States Senator, and Thad Eurie, Secretary of State, will have a prominent part in which is now in tbs making at the Knott's warehouse. Delmaris Lions To Be Featured Captain Delmar, the famous wild animal hunter and trainer wiS pre sent each and every evening in a large steel arena, a group of fsrious jungle beasts (African Blade Mained Lions), and on Saturday night, it will be the endeavor of the manage ment to present a jungle wedding when a lovely couple will be married amid the roar of these wild animals, inside the steel arena. This being only one of the high class and .lul ling attractions to be presented dur ing the course-of the evening's enter tainment. Holding the same spot light will be the dress Croupe of acrobats performing then: dining feats of teeter board antics, then of course -wijl be the usual downs that form the circus program with their laugh provoking funnnery, also Okla homa Blackie with the world's finest troupe of trained, Georgia . Rasor Back Hogs, each being an artist hi their.own respective line, the ?iytsin acts will afford an evening's enter tainment far superior to any aggre gation of entertainment ever Offered in this community. The Merchant's display booths which will form the beautiful side walls of the Exposition are sel ling rapidly, and it is deemed ad visable by the committee that a lar ger floor space will be necessary in order that we may give the nmcbNii cal and engineering division ample space to display and demonstrate, the . many new and modern forms of con venience to the farming community, all the merchants throughout this en tire territory of the State ss wall aa the manufacturers are co-operating one hundred per cent and with this, the American Legion Committee ie quite sure that it will be an Expo sition long to be remembered by aB those in attendance, and will show the progress with which the State of . North Carolina is making.. ' The contestants in the popularity4 contest are showing much enthua- * iasm in the sale of advance tickets, and with only three thousand of these tickets to be sold at the rednced pricer it is very" likely that they will be dis posed of long in advance pf the al loted time, and then, those not hold ing these advance tickets, will be de prived of the "opportunity of the -cash irawing each night, and thg low ad mission price. ? The general committee on arranger ments are asking all the merchants in Farmville to maka trade in Farm ville week, and thus attract the crowds which the Exposition will iraw to the town, into their stents, 30 that an advantage can be had of the advertising which this event wffl ifford. L Great Gospel Feast. For 1ttie Negro People I of Farmvilfc Comm? A great gospel feast for the Negro State Baptist Convention, will eon" fact a whole wuek of religious meet:. # IpSvorybody incited. Sponsored by he Crown and Septer Cln^, the tt?y dlleColwwd^igh^cto^ ;f **"* f J ? j "?