Newspapers / The Elkin Tribune (Elkin, … / Dec. 6, 1934, edition 1 / Page 15
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Thursday, December 6. 1934 A BUILDING CLASH Washington, Dec. 3. —The big clash in the inside of the Admin istration right now is between Har old Ickes and Jim Moffett. Ickes, besides being Secretary of the Inter ior and administrator of the oil code is, as everybody knows,- head of the Public Works Administration. Jim Moffett is the former Standard Oil vice-president who is head of the Federal Housing Administration. And the clash is over fundamental policies of promoting new home building. Moffett's job is to try to get pri vate capital into this field. He has made better progress thus far than anyone expected him to. But just k as he got things going along where 1 lending institutions were about pre pared to put out several billions at 5 per cent to finance new home building, Ickes came out with a broadcast declaration that he thought the Government ought to do this financing with public funds at 3 percent. That threw a scare into the lend ing institutions. Wouldn't they look foolish offering money at 5 percent •when the Government was offering it on better terms —Ickes even sug gested "no down payment"—and at 3 percent? Ickes and Moffett So Jim Moffett and the folks who have money they want to put to work want to know which of the two policies is to be adopted. Sec retary Ickes is very close to the Presidential ear. He also has built up a strong following among mem bers of Congress, most of whom will follow anybody who will spend pub lic money in their districts. Jim Moffett is not any kind of a politician at all. He suffers under the illusion that so many business men have when they come to Wash ington, that all they have to do is to do their job. That, as everybody who has been around the national capital very long, fully understands, isn't the half of it. Getting around among the boys, making himself a goodfellow with the insiders, talking to the public in a personal way and making glittering, though vague promises, is an important part of the technique of making good at the head of any Federal bureau. Up To President The President himself will have to make the final decision between Jim Moffett's plans and those of Harold Ickes. Mr. Roosevelt has been much interested in the project of getting building trade workers back on the job without using public funds to do it. But a strong group of his advis ers, including Ickes, Harry Hopkins, the Relief Administrator, and some others, protest that the Moffett program won't do the trick fast enough. Looking forward to a larger demand for direct relief this Win ter than ever before and realizing that the longer men stay off the payrolls of industry the lower their morale sinks and the less likely they are to ever want to go back to work at all, Harry Hopkins is for any thing that will provide plenty of real work at real wages and provide it quick. John Fahey, head of Home Own ers Loan Corporation, is wisely keeping out of the controversy. His appropriation of two billions is ex hausted, all having been lent to |BEWARE||i OF t • . - i ; v f . : ,i . 11 Coughs and Colds THAT LINGER ON! Winter—with its accompanying bad weather—is the cause of many colds f and coughs. Don't let a bad cold I get a grip on you, but at the first sign come here for a reliable pre- , ventative or cure. You'll find you can spare yourself much misery by ' acting in time. ' i {■': Abernethy's A Good Drug Store Phone 42 needy "home- owners—and he is not likely to ask Congress for any more until It is decided whether the FHA plan or the PWA plan is the pro gram finally adopted. Congress, it is believed here, will be strongly inclined to give Mr. Ickes the five or more billions he wants, with which to enable any body who would like to own a home to build a brand new one with no down payment whatever and twenty years in which to pay off the in stalments. Uncle Sam's Loans If that plan carries through the Government can hope and expect to get most of the money back. It will be lent, not given away. And being a creditor on a big seal.? will be no novelty for Uncle 6am. Already the Government loan; amount to about ten thbusand million collars, put out through tliirty different Federal agencies. Thore are loans to farm ers, throug'.i farm organizations, cooperatives and othtrwise; loans to Indians to finance Industry and agriculture; loans to banks, rail roads and industry through the Re construction Finance Corporation; farm mortgage loans, home mort gage loans, loans for low-cost city housing projects, loans through the Tennessee Valley Authority to fi nance municipal lighting plants and cooperative enterprises in the area; loans to shipping companies; loans to veterans on their adjusted compensation certificates; loans to states for public works. The United States of America has thus become the largest banker in the world, and financial control of all of these lending agencies is now centered in the Treasury, making Henry Morgenthau, Jr., Secretary of the Treasury, who up to two years ago was a "gentleman farmer" in New York state and the publisher of an agricultrual paper, the most powerful figure in the world fi nance. And those who know most about such things say that he has grown as fast as his job has grown. On Foreign Debts The question of debts owed to the United States by foreign nations is going to come up for action when Congress meets. The report of the economic commission headed by President Hutchins of Chicago Uni versity takes the realistic view that since we can't collect them we might as well cancel them, or at least set a small lump sum for final settle ment. The novel suggestion that we might take the defaulted bonds of states that tried to secede from the Union in 1861 in exchange is arous ing a good deal of interest here. That would be about an equal swap, one piece of worthless paper for an other equally worthless piece of paper. Operating Mule Stable At McNeer Warehouse R. M. Fletcher, well-known citizen of Boonville, who has operated a stable for the sale of mules there for a number of years, in association with Hinse Harris, is now operating stables here located under McNeer's warehouse. According to Mr. Fletcher and Mr. Harris, they are prepared to furnish the mules at prices and terms to suit everyone, and extend a cordial invitation to their friends to call on them at the earliest opportunity. NOT TO INTERVENE Bascom and Lester Green, father and son, and R. E. Black, son-in law and brother-in-law, respectively, of the Greens, have lost their ap peals to the mercy seat and Friday will die in the electric chair for the murder of Banker T. C. Barnes, of THE ELKIN TRIBUNE, ELKIN, NORTH CAROLINA f£m3y Quesirons Answered At N.C. State Question: When should turnips and rye be fed the dairy cow? Answer:' All highly flavored feeds, such as rye and turnips, should al ways be fed after milking as they will impart an objectionable odor to the milk if fed during or shortly be fore milking. All roughage should also be fed after milking. If fed be fore milking the air will be filled with small particles of dust which will get in the milk. Care should also be taken to keep wild onions away from the animals especially in the late fall and early spring. The cows should be taken off pasture and giv en a dry feed for at least six hours before milking at these times. Question: Is it advisable to feed wet mash at this time of the year? Answer: Wet mash has a definite place in poultry feeding. It may be used at this time of the year to bring birds into production and will also retard the neck moult in early hatched pullets. Care, however, should be exercised in feeding the mash. It should be fed at mid-day or in the early afternoon and or.ly as much mash should be fed as the birds will clean up in fifteen min- I utes. Question: When should manure be applied to the garden plot. Answer: Manure is best applied during the fall and winter months. On soils of average fertility about ten two-horse loads should be broad cast to the acre and plowed under as soon as possible. This fall o» winter plowing not only keeps all plant nutrients in the soil but it also aids in the destruction of in sect pests and plant diseases by ex posing them to the freezing weather. If manure is applied in the spring or summer it should be in a well rotted condition. TIME OUT! "A flirt am I?" exclaimed the maid, under notice to go. "Well, I knows them as flirt more than I do, and with less excuse." She shot a pitiful look at her mistress, and added, "I'm better looking than you. More handsome. How do I know? Your husband told me so." "That will do," said the mistress frigidly. "But I ain't finished yet," retorted the maid. "I can give a better kiss than.you. Want to know who told : me that, ma'am?" "If you mean to suggest my hus- : band —" "No, it wasn't your husband this ■ time. It was your chauffeur." I' jj A GRUNOW SOLVETHE GHT PWWIM TOR FAMILY € I EAGLE FURNITURE COMPANY 1 We mean just that! Hundreds of fine presents for everyone and' at remarkably low Wrf cost! No need to shop from store to store. Do it all here under one roof at worth- J** while savings. Come in today and see the many beautiful and worthwhile gift goods., Jfflk Buy early and lay back until Christmas Eve. And in case you want to select your gift j£ jjL at night, we will be glad to meet you and aid in the selection on any week-day night ex- Wy cept Wednesday. I Gifts For Every HEY! 11 w Member of the 1 g Family! fl Ladies' silk underwear—bedroom slippers—hosiery—toilet £» g^>ods —manicure sets—comb and brush sets—fountain pen W^|l|lr | m and pencil sets—dishes and glassware—dinner sets—alumi- J-S* num ware—enamel ware—everything in kitchen and table / ware. ( 1 V ftfa Handkerchiefs —scarfs—embroideries—jewelry—candies La- J** dies and men's watches—men's tie and handkerchief sets men's tie and collar pin sets—men's hosiery—Bibles and Testaments—books—Big "little" books—stationery—pictures and picture frames. ' w r A \T f~\ f I'M GOING TO BE M 1 (JY LAISU! HERE IN PERSON | Hundreds of Gifts for the Kiddies! 7-", da Fndav and" rd Sat'urday! ril Dec. 14-15, 10 til 11, 1 til 2. jg Dolls—doll furniture —table and chair sets—pianos—toy fffa lamps-tea sets-toy pop guns-toy pistols-toy Ups Through ThU • r k sets—carrom boards —pencil boxes —wheel goods—rockers— , ftn toy trains—automobiles —trunks —tool chests —pool tables— Christmas Store! flashlights—Christmas lighting sets and supplies. ■■, ■ : . W Somers & Company's! 5c and lOc Store 1 L. F. Walker, Manager , Elkin, N. C.
The Elkin Tribune (Elkin, N.C.)
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Dec. 6, 1934, edition 1
15
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