• *
TODAY
i»4 *
TOMORROW
Bj DON ROBINSON
—'—-"V
BROKERS prophet*
The brokers and bankers who
buy and sell large quantities of
stocks and be able to foresee the
future more accurately than any
fortune teller. They may not be
able to tell you that you arcv go
ing to meet a dark-haired man
who will alter your whole life—
but in the field of business and
economics they are uncanny
in their ability to Ret the correct
answer.
Therefore, when the stock mar
ket prices start rising by leaps and
bounds, as they have recently, it
means that the financiers have
seen some handwriting on the wall
and are convinced that investmen1
in industrial concerns are worth
more monev.
(Before I Bo any futher, I
want to make it cjear to read
er* that I am not recommend
in* buvinsr stock*. I don’t know
anythine about them. Tomor
row somthinr may hanpen
that will send them diving to
new lows.1
But I am very much interested
in why they have been going up
and up and up, in spite of the
fact that labor difficulties and
shortages of material make the
profit-picture for industry look
worse every day.
There seems to be onlv one an
swer. It must be that the brok
ers have good reason to believe
that inflation is on its wav. and
that no matter what may be done
I Sjt* Charles Liekert, patient at the U. S. Army’s Holloran General
Hospital, Staten Island, N. Y., is happy that the war is over and he can
look forward to a job. The 24-year-old Pittsburgh parachute trooper
| dropped from the sky lu France only to be put out of combat by a shell
from a nearby German tank. The shrapnel sliced into his right arm.
IIn wounds have healed but he urges everybody to buy Victory Bonds
to help furnish medical attention to the boys who must receive treat
ment for months.
i. _'
Seaman Eddie Flower*, 23, Penaacola, Fla., lay*
buy Victory Bonds to speed the recovery of Navy
wounded all over the world. Hi* leg was injured by a
land mine in France many month* ago but it wa* slow
in healing. He la thankful for the added care and
comfort that War Bonds affordod him at the Navy’*
St. Avon's Hospital, N. Y.
Pvt. Carl L. Smith, 22, of Green Back, loin., is get
lin£ about again afier receiving treatment at llie
Army’* Holloran General Hospital, Staten Island,
!N. Y. He was wounded in the right leg bv a sniper in
Germany and urges people to buy Victory Bonds to
help provide care for thousands of other men still
ha hospital*.
V. S. Treasury Department
to try to prevent it, prices are go
I big to go up and the value of the
dollar is going to go down.
: INFLATION . reason*
I Chester (Hold - the - price -
line) Bowles, head of the Officii
of Price Administration, is still
tUfting inflation for all he is
worth, but the bankers have ev
idently decided to place their bets
on his attackers. Here are some
of the more obvious reasons:
(1) They have evidently in
terpreted President Truman’s
recent speech on wages and
prices as indicating that he
will not be nearly as adamant
as Mr. Bowles has been in
refusing to permit price in
(2) They think that la
bor’s insistence on higher
with a good book...
Atlantic Company—Brtttrui in Atlanta, Ckmlgttt, Ckatfonoag*. Worfolk. Orlando
23
THROUGH THE EYES OF A FRIEND
r^9* vr.rca are o- pL. Anri the Telephone Company has
l-1'. Lor.s.JertJ customers in that light—..s i;Ji
' ' -r. like the men and women who make up our own
CC . r
.is .riendly feeling, we are happy to say, is reflected
in t.-.e progress that North Carolina and the Telephone
C J-. t-.'.ny made together through the years. It is this same
kind oi partnership that makes the future sparkle with
premise.
Like North Carolina, the Telephone Company is buck
ling down to its postwar tasks. For the 3,712 men and
women of the Telephone Company in this state, it means
the greatest expansion program in our history in
North Carolina. It's a full and complete program, de
signed to meet the state’s industrial and agricultural
needs of the future. It means the expenditure of millions
of dollars in North Carolina.
* Specifically, the program will provide telephones for
all who have been waiting for them. This is one of our
first jobs I A greatly expanded telephone program for
our farmet friends is also in process. Expansion of long
distance service is being scheduled too. It will include
the installation of coaxial cables to handle more calls
with speed and convenience for you, and provide more
facilities for that exciting visual art—television. A mass
of construction is to be done end a new service to motor
vehicles is also in the offing.
Here’s a program of achievement, to be worked out
together by North Carolina and the Telephone Company
as they have worked out their attainments of the past. By
mutual understanding and cooperation, North Carolina
and the Telephone Company will grow greater than ever.
It’s a big program that shall become a reality as fast as
materials become available—a reality to be translated
into prosperity and payrolls for the people of North
Carolina. For a business is like an individual. If he fares
wsll, his community fsres well with him. And that is ths
way it should be, among friends.
B. H. WASSON, Carolinaa Manager
SOUTHERN BELL TELEPHONE AND TELEGRAPH COMPANY
i
I wages will, force price in
creates as a necessary require
ment for meeting those hig
er wages.
(3) They realize that the
pentup buying power in our
country is so terrific that it
through the price line—that it
will gadually force its way
no matter what OPA does a
bout prices, when the mer
chandise everybody wants begins
to become available, people
will go dollarwild in their
bids to get hold of that mer
chandise.
The financiers may have a lot
of other food reasons for antic
ipating inflation. Those are simply
ones that a greenhorn can see.
Rut in spite of the sharp trend
toward inflation, and in spite of
the “bets” of the brokers, I am
still optimistic enough to think
that, inflation could still be staved
off if the people would recognize
the danger and act to prevent it.
SPREE . . . temptation
To prevent inflation the
public will have to go on a
buying strike instead of a
buying spree.
We will have to look at a
shiny new automobile in a deal
er’s wndow and decide not to buy
one. We will have to let our wat
ering mouths continue to water
over those washing machines, ra
tios, vacuum clearens, refrigera
tors and “gadgets” which are be
E-inning to appear in the stores.
We will have to hold tight to our
pocketbooks and run from tem
ptation when we feel the urge to
clutch at some product which we
have been longing for during the
entire war.
“But,” you may ask, “if the
product is there in the store, some
body is going to buy it, why
shouldn’t I?”
The only answer to that rea
sonable question is: Yes, some
body is going to buy it. But the
less people who fight for it, the
more its price is apt to keep from
rising. The best way to prevent
inflation is to let the few units
of a scarce product which are
available go to those who are un
able to say “No.”
If a large enough number of
us could keep our patience under
control for another year, could
keep buying bonds and putting
money in the bank until the scar
cities are ended, the pressure on
prices might be reduced enough
to keep inflaion in check and to
prevent peacetime black mrakets.
BUY BONDS
EAGLE PUB. CO.
BUY BONDS
Soil Conservation
Fred C. Ferguson, R-l, Clo
ver, in the Crowders Creek
•Church community is realizing
the benefits of following a sys
tematic rotation. In one thirteen
acre field Fred has been follow
ing a two-year rotation of cotton
followed by small grain and les
pedeza for the past five years.
The lespedeza seed is combined
and the litter turned under be
fore cotton. He planted Coker
100 Wilt Resistant variety, fer
tilized with 500 lbs. of 4-10-6
per acre, side dressed with 100
lbs. nitrate of soda in the-spring.
Fred said “I harvested 18 bales
from that 18 acres and its the
best cotton I’ve ever made in|
that field”. Conservation prac-1
tices" paying off.
J. Lee Ferguson located in the
Crowders Creek community and
a cooperation in the hover Ca
tawba Soil Conservation District
program sowed three acres of
Austrian Winter Peas as part of
tho soil improvement program
started on his farm. He has a
good stand and plans to turn
trem under next spring to build
up the soil. Winter legume crops
[are also excellent protectors a
I gainst erosion as well as supply
i ing nitrogen and humus to the
j land.
.T. W. Morris, R-l, Stanley,!
: recently ordered 2000 Loblolly j
npine seedlings from the State j
Nursery for planting on idle and 1
eroding land t his winter. An
excellent way to put loat'ng land1
to work producing an income and 1
being an asset to the farm. |
Terace lines we:e staked re
cently to be built by the bounty
terracing units bn the following
fauns: J. W. Whitest.'..?, .J. u.
Whitesides and Ilinkle Houser,
RED, Crouse; and, Betty C. Ra
gan farm, K-M, Gastonia, N. C.
O. D. Cloninger, Stewart Dell
inger and Edward Gollner all
Stanley, |ave excellent stands
of alfalfa seeded this past fall.
These farmers plan to maintain
Wieir alfalfa by following the
srecommended practice of feeding
this crop with a top dresisng of
phosphate and potasr every
spring. Tit is treatment is paying
dividends in quantity and quali
y of hay and keeping the plant#
in vigorous growing condition.
Edgar Abemethy, R-l, Stan
ley, has a fine young stand of
Loblolly pines to show for his
efforts over the past few year*.
Ed has been setting about 2000
‘1000 pint's each year for the last
four years and now has about
12 acres of idle land planted on
the farm. These pines are be
ginning to show up, some of
which are 10-12 feet high, and
each year adding to the value
of the faj'm.
■ SUPREME ■
COLD WAVE
Each kit contain] 3 fall
ounces of Salon-type
solution with Kmrltum,
60 Curlers, 60 end
tissues, cotton appli
cator, neutraliser and
complete instructions.
Tairas only 2 to 3
Hours at Homo
ALLEN DRUG CO.
USE EAGLE ADS
SMlHsax
nPHINK of it! Your min
imum daily requirement*
of A and D Vitamin* op of
B Complex Vitamins, in one
pleasant tablet Remember
the name CNE-A-D1Y
(brand) Vitamin Tablets.
»» NERVINE
Tk O TENSE Berras auko
" yon Wkkeful, Onuikr,
Restless? Dr. Miles Narrtee
help* to lessen Nerroas
Tendon. Get it at your druf
■tore. Read directions aflM
only as directed.
Alka-Seltzer
HEN
-. Htedlcht, Hue
enUr Paln« or Simple
Neuralgia, Dirt root oftor
Mooh, Gu oa Stomach, or
Momliur Attn" Interfere
wltt »our work or epoll
T°tu fan, try Alka-Seltoer.
ATHLETES FOOT ITCH
Slop It In 5 Minute*
Successful treatment! must be more than larfau
applications. Most remediei do not penetrate
•ufficientlr. Require* a STRONG PENETRATING
MOBILE liquid. Alcohol ii VERY MOBILE.
W* suggest Te-ol. It contain# 90%. REACHES
MORE GERMS FASTER. Feel it PENETRATE.
Moat druggist! have the teat site. Small auppl?
juat arrived at (dealer*! name). •
allEn DRUG CO.
IT’S HERE ■ NOW ON DISPLAY
IT’S BIG - IT’S BEAUTIFUL
FIRST IN FOUR YEARS
YOU’RE INVITED TO SEE THE NEW
NEW MODEL-NEW DESIGNS
LOW COST IN OPERATING
WESTING HOUSE
HOME APPLIANCES
Electric Refrigerators, Upright Home Freezers, Elec
tric Ranges, Radios and Radio-Phonographs, Automat
ic Home Laundries, Electric Sweepers and Vacuums,
Electric Irons, Toasters and Mixers, Waffle Irons.
MAKE YOUR PLANS NOW TO HAVE AMERICA’S
MOST MODERN COMPLETE KITCHEN
KESTER - GROOME FURN. CO.
Cherry-ville - Shell* y