Published Every Thursday by
ELK PRINTING COMPANY, Inc.
Elkin, N. C.
THURSDAY, APRIL 15, 1937 7
Entered at the post office at ESldn, N. C., as
second-class matter.
C. S. 1 FOSTER.— Pwddent
O. F. LAFFOON. .....Secretary-Treasurer
SUBSCRIPTION RATES, PER TEAR
In the State, $1.50 Out of the Btate, |2.§o
w Bl
Man is supposed to start women talking
about things he is interested in—and then
listen.
Honestly now, wouldn't you rather live
under the constitution as interpreted by the
minority of the Supreme Court?
At this season of the year if your
thoughts do not turn to love, better take a
big dose of 'lasses and sulphur.
Women, they say, do most of the buy
ing, but you've got to give the old man cred
it for providing the dough.
Amelia Earhart is a Wow with an air
plane, but betcha she wouldn't know where
to start to build a pie.
If the paragraphers Union engages in a
sit-down strike, wonder would Governor
Hoey call out the Home Guard.
Those of us who have had dealings with
him know that when the devil is to pay, he
usually tacks on a little something for over
time.
At this season of the year hubby is wil
ling that his wife should call a spade by an
other name, unless she means to use it her
self.
As one writer observes: "A check on
liquor is not the bank kind that one gives to
tha bootlegger for a jar of joy water that is
short-measure."
If the President would name a coupla
women to the Supreme Court bench they
could change their mind without much being
said about it.
A Missouri paper observes: "Another
thing mere man cannot understand is why
the world isn't knee-deep in handkerchiefs
the ladies lose."
Explosive experts have never developed
anything that would equal the noise cre
ated by that little dab of powder found on
hubby's coat.
Wonder how many of us who are argu
ing that the President is trying to tear up
.the constitution, ever took time to read the
sacred old charter of our liberties?
It wouldn't be so bad if those sit-down
strikers were not sitting on our pocketbooks.
For in the end we are the ones to pay the
bill.
Ah! Now the world is safe for democ
racy: the legislature passed a law prohibit
ing tattooing for anyone under twenty-one
years of age. After that time anyone al
lowing themselves to be thus marked up,
ought to be bored for the simples.
Civil service board in Mecklenburg gave
the rural police a clean bill of health in the
hearing that was called to determine wheth
er they had been winking at roadhouse of
fenses. But the board apparently didn't
place any significance on the fact that one
of the places raided by the highway patrol
men belonged to Chief Vic Fesperman's son
in-law, Carl Lippard.
The Sit-Bowners
One has to stretch the imagination far
beyond the ripping point to justify the sit
down strike either as legal or moral. It is
neither. Taking and holding an industrial
plant is in the category with kidnapping for
ransom.' Unions that s employ it are under
mining the influence of public opinion that
could be made a definite asset to their cause,
and inviting the vengeance of the law they
BO flagrantly challenge. We are willing to
say "amen' to just about any form of crit
icism your fancy dictates.
But—
The workers are not the only sit-down
ers. Industry has been doing quite a bit of
sitting-down on its own hook. Industrial ex
ecutives have defied the law time and again,
and it is with poor that they now de
mand that the workers toe the law's mark.
The Wagner labor relations act contains pro
visions for collective bargaining, which many
claim would have made the present costly
contioversy unnecessary had both capital
and labor abided the rules. But by injunc
tions and appeals to the courts, industry has
sit-down on this law.
Henry Ford has announced a sit-down
strike of his own. He declares that he will
recognize no union. That he will not bar
gain collectively, but only individually, yet
this great industrialist takes a fling at Con
gress for not putting the unions across the
barrel for not observing the law, or parsing
laws with sharper teeth, calculated to pro
tect industry.
And therd is another angle that does
not justify this new weapon of organized
labor, but which has a tendency to excuse it
as the lesser of two evils. Heywood Broun
puts it this way: "But I think that some of
its (the sit-down strike) most severe critics
might try to make an estimate of the num
ber of men and women who would have been
killed or injured if the strikes in huge indus
tries had been carried on. along the tradi
tional lines of fighting outside the plants be
tween strike-breakers> company guards, po
lice and strikers and strike sympathizers."
Calm and unprejudiced reasoning will
result in the conclusion that while property
rights have been, are being violated by the
sit-downers, there have been less bruised
heads and fewer coffins, because these work
ers were cooped up inside the plants, instead
of loose and unleashed to vent their spleen.
" '
Railroads Perkins: Up
Those who are in position to know de
clare that the railroads have quit using red
ink to brighten up their ledgers for the first
time in six years, for railroad and passenger
business is today the best since 1930. In
terest in rail stocks since January 1 has lift
ed their value twenty to twenty-five per
cent.
A general business boom is responsible
for a part of this upward trend, for general
business could not double in four years with
out the railroads ultimately recovering some
of their traffic losses. On the other hand
this encouraging outlook for the railroads is
largely the result of straighter thinking on
the part of executives who formulate and di
rect the policies of these carriers, some of
whom were slow to catch step with modern
progress and the demands that accompany
it.
It is not a far cry back to the days when
the railroads were begging regulatory bod
ies to permit a raise in passenger rates and
fighting every demand for better traveling
accommodations. Now they are asking to
be allowed to lower rates, primarily to meet
competition, but actually because they have
found that the increased volume of travel
more than meets the differential. As for
the change of front as to accommodations,
one has only to take a trip in one of those
air-conditioned coaches to realize that the
railroads have caught a new vision of in
creased dividends that come from service.
And there is a change in the attitude
of the public, too. Not so long ago the
courts were cluttered with suits against the
railroads. When a fellow needed a little
cash and had a cow that wan't what she used
to be, he managed to let a train knock her
horns off, and the jury, any jury, did the
rest. When have you heard of a damage
suit against a railroad ?
But whatever the cause of this perking
up in railroad affairs, it is a healthy and
important sign. For our railroads are an as
set, national, state and community asset,
which should never be allowed to become
shaky.
Not Confined To Labor
Senator Bailey along with practically
all of the North Carolina delegation in Con
gress have been prompt to condemn the sit
down 3trike as illegal, immoral and unde
fendable. It didn't require any special
brand of courage to do this. North Carolina
is not an industrial state where mass pro
duction calls for mass employment, and or
ganized labor doesn't talk very loud with
ballots.
Then, too, Governor Hoey had spoken.
He had warned that this method of holding
property for ransom would not be tolerated.
Reaction to the Governor's stand was prompt
and favorable on the part of the people and
the press, and cautious representatives in
Congress could easily jump without danger
of spraining an ankle.
There is agreement here with their
stand. The sit-down" weapon the unions
are using obviously is illegal. But they are
not the only sit-downers, not by any manner
of means. Industry has been doing it right
along, but in a more subtle way. As a mat
ter of fact the present conflict, and the run
ins that have just been settled, provides a
case in point.
It is admitted that if the Wagner labor
relations act had been observed a» to its col
lective bargaining provisions, industry and
labor would have done at the start what it
did at the end. But industry has persist
ently refused to observe the law, preferring
through injunctions and appeal to the courts
to break its back. In short, industry has
been sitting-down; has been flouting the law
in an effort to win its point.
Corporation executives are now de
manding that labor observe the law, but
themselves have refused this obedience until
the Supreme Court says they must obey.
They thumbed their respective noses at the
government, while they took a comfortable
but defiant seat, just like their workers are
now doing. Both are illegal, and the action
of one* cannot be defended more than the
other.
And this sit-down business is not con
fined to labor and big business. One doesn't
have to go out of his own county to see these
short-cuts in operation, individually, collec
tively and governmentally. All too many
of us are saying "to hell with the law," which
is just another way of sitting down upon it.
TICKETS TO STYLE
SHOW AVAILABLE
New Furniture to Be Exhib
ited at High Point on
- April 16th
IS OF VICTORIAN ERA
Considerable Interest has been
manifested by local citizens in the
Furniture Style Show, celebrat
ing "A return to Vlvtorian Kle
geance" which will be held from
10 a. m. to 10 p. m. April 16th at
High Point, according to E. E.
Hayes of Hayes & Speas Furni
ture Store, where courtesy ad
mission cards have been madje
available to the public.
"The Furniture Style Show at
tracts more and more people
from here every year," said Mr.
Hayes. "Held in the great Tom
linson Exhibition Building, It
gives lovers of fine furniture an
opportunity to see a diverse show
ing of beautiful pieces, ranging
from the old masters of the 18fh
century down to the most modern
types.
"Many of my customers, who
attended the show last year have
said they want to go again, and
many more who have heard of
this event have expressed a de
sire to attend. So we have ar
ranged to secure a block of cour
tesy admission cards to take care
of a considerable number of El
kin parties. '
"Now, when everyone is so in
terested in fine furniture, it is
particularly fitting that this fa
mous show should choose to fea
ture the Victorian era which was
unique in its sumptuous furnish
ings and lavish hospitality. Re
turning prosperity in America has
focused attention on better liv
ing and this annual display at
High Point offers such a variety
of furniture types that everybody
is sure to find the kind he likes
best of all," Mr. Hayes explained.
We learn that Americans were
the first to drink iced water. But
they seldom use it nowadays for
a chaser.
Patronize Tribune advertisers.
They offer real values.
REAL ESTATE SALE
Under the authority contained
in an order of sale made by the
Clerk of the Superior Court, on
the 12th day of April, 1937, in the
special proceeding entitled: "Ru
by Norman, Administratrix of S.
|L. Norman vs. Ellis Norman and
others, Heirs at Law," the under
! signed Commissioner will offer
{for sale to the highest bidder for
I cash, at the Court House Door in
Surry County on the 17th day of
May, 1937, at 12 o'clock M., the
following described land:
FIRST TRACT: Beginning on a
Spanish oak, John Phillip's South
East corner and runs North with
Phillip's line 8.70 chains to -a
stone; thence East with same line
and Bowles' line to the Burch
Ferry Road; thence South as the
road runs to a stone on the West
side of the road in W. E. Key's
line; thence West to the begin
ning, containing 6 acres, more or
less.
SECOND TRACT: Adjoining
the foregoing tract and beginning
on a stake in Lindy Jones' line
and runs West 14.40 chains to a
stone; thence South 4.16 2-3
chains to a stone; thence East
14.40 chains to a stone and black
gum; thence North with said
Jones' line 4.16 2-3 chaips to the
beginning, containing 6 acres,
more or less.
THIRD TRACT: Adjoining the
foregoing tract, Winston Bowles
and others and beginning on a
stake in W. E. Key's line and runs
North with Lindy Jones' line 8.70
chains to a hickory; thence West
with Winston Bowles' line to the
fork of the Rockford and Burch
Perry Road; thence South with
the Burch Perry Road 8.70 chains
to a rock in W. E. Key's line;
thence East with W. E. Key's
line to the beginning, containing
25 acres, more or less.
The three lots described above
will be first offered separately,
then all three will be offered as
a whole, and the best price offer
ed in either case will be accepted
for approval of the court Ten
percent of the price bid will be
required as a deposit for the com
pliance with the bid.
This the 12th day of April,
1837.
ROBT. A. FREEMAN,
8-6 Commissioner.
WANTS
Pine Hall Brick. Sorry Hard
ware Co.
Kerosene—Up to 80 gallons, 11c
per gallon; 50 gallons and up,
10c per gallon. Greenwood
Auto Company, end of new
bridge. tfc.
Squibbs Mineral Oil, quart sise
89c. Antacid Powder, large size
50c. Nyeepto?., pint 48c. Gallon
Mineral Oil $2.35. Turner Drug
Co., Elkin, N. C. tfn
&he Qloom Qhasex -4f~ by A - B Chapin
*
Lost: On Main or Academy street,
a pair of large upholstery scis
sors. Finder please return to
W. M. Reece Oarage and re
ceive reward. ltp
REAL ESTATE
I have some good boys in both
small farms and city property.
I also have some nice building
lots in Arlington, "the thriving
town; but no city taxes." $5.00
dovpn and $5.00 per month
gives you your choice lot in
Arlington—why not now.
D. C. MARTIN
* Realtor and Contractor
Quality building materials. Surry
ry Hardware Co.
Sturdy, selected, blood tested,
Reds, Barred Rocks, White
Rocks, Leghorns, 100, $7.95.
Heavy Mixed, $6.95. Prompt
shipments. Prepaid; live deliv
ery. Carolina Hatcheries,
Greensboro, N. C. 4-15 c
For Sale—Disc harrow. Is in good
condition. See Bob Messick,
R. F. D., Jonesville, N. C. ltp
Valuable prizes will be awarded
at the cooking school, sponsor
ed by the Woman's Club in the
Kiwanis room at Hotel Blkin
Tuesday afternoon, April 20, at
2:30. It
Be sure to attend the cooking
school, sponsored by the Wo
man's Club at the Kiwanis
room at Hotel Elk in, Tuesday
afternoon. It
Screen Doors and Windows. Sor
ry Hardware Co.
FREE! If excess acid causes yon
Stomach Ulcers, Gas Pains, In
digestion, Heartburn, Belching,
Bloating, Nausea, get free sam
ple doctor's prescription, Udga,
at Turner Drug Co. 6-3p
McCormick - Deering Harrows.
Surry Hardware Co.
Do yon want plenty of eggs from
strong, fast growing .young
chicks? if so feed Panamln. We
have it. Abornethy's, A Good
Drug Store, EUdn, N. C. tfn
Coles Cora Planters. Sorry Hard
ware Co.
Ossteveas Hardware Company
will save you money on Men's
and Boys' shoes and Oliver
farm equipment. Castevens
Hardware Co. tfn
Will pay 35c for 180 guinea hens,
not over three years old, de
livered to Long Creek Lodge,
Devotion, N. C« 4-22-c
REICH
AND
HUNT
• realtors
i J
REAL ESTATE FOR SALE
41 acres, 3 room house barn and
out building, 3 miles out,
$1500.00, good terms.
20 acres, 3 room house and other
out buildings, 3 acres bottom,
8750.00, good terms, 3 miles out.
8 room house for r®at, *12.00 or
for sale at 81,000.00. Easy terms.
REICH & HUNT
, We bay scrap iron and steel.
Double Eagle Service Co., Elk
► in, N. C. tfc
, Squibb* Mineral Oil, quart (lit
89c. Antacid Powder, large size
50c. Nyseptol, pmt 49c. Turner
Drug Co., Blkin, N. C. tfn
• WANTED: Inch Oak Lumber,
Green or dry. Write us for spec
ifications. Cherokee Flooring
I Corp., Burlington, N. C. 3tc
i
REPORT OP CONDITION OF
THE BANK OF ELKIN
OF ELKIN IN THE STATE OF NORTH CAROLINA
At the Close of Business on March 31, 1937
ASSETS
Cash, balances with other banks, and cash items in
process of collection $237,747.67
United States Government obligations, direct and
fully guaranteed 21,766.73
State, county, and municipal obligations 92,986.95
Loans and discounts 273,917.04
Banking house owned, furniture and fixtures 10,650.00
Other real estate owned 9,500.00
TOTAL ASSETS - $646,568.39
LIABILITIES AND CAPITAL
Deposits of individuals, partnerships, and corporations:
(a) Demand deposits $279,459.36
(b) Time deposits evidenced by savings pass b00k5.... 105,943.00
(c) Other time deposits : 43,880.02
United States Government and postal savings deposits 11,900.00
State, county, and municipal deposits 50,813.99 |
Deposits of other banks 18,471.60 w'
Certified and officers' checks, letters of credit and trav
elers' checks sold for cash, and amounts due to Fed
eral Reserve bank (transit account) 19,104.19
Other liabilities : - 15,534.06
Capital account:
(a) Capital stock and capital notes
and debentures - $50,000.00
(b) Surplus 29,000.00
(c) Undivided profits 0,046.29
(d) Reserves 20,425.88
(e) Total capital account ..._ 101,472.17
TOTAL LEBILITIES AND CAPITAL $646,568.39
On 3-31-37 the required legal reserve against deposits of
this bank was $237,747.67. Assets reported above
which were eligible as legal reserve amounted to
$237,747.67.
This bank's capital is represented by 250 shares of first
preferred stock, par value SIOO.OO per share, retirable
at SIOO.OO per share; and 250 shares of common stock,
par SIOO.OO per share.
MEMORANDA
Pledged assets (except real estate), rediscounts, and se
curities loaned:
(a) U. S. Government obligations, direct and fully
guaranteed, pledged to secure liabilities J 9,005.80 1
(b) Other assets (except real estate) pledged to se
cure liabilities (including notes and' bills redls
counted and securities sold under repurchase
agreement) 80,203.21
(e) TOTAL «... s«Wofcol
Secured and preferred liabilities: ,
(a) Deposits secured by pledged assets pursuant to
requirement of law $ 69,209.01 '
(e) TOTAL - * 69,209.01
I, Franklin Folger, Cashier of the above-named bank, do solemn -
ly swear that the above statement is true, and that it fully and cor
rectly represents the true state of the several matters herein con-
tamed and set forth, to the best of my knowledge and belief.
Correct.—Attest:
FRANKLIN FOLGER, Cashier
GARLAND JOHNSON, Director
J. R. POINDEXTER, Director
R. C. FREEMAN, Director.
State of North Carolina, County of Surry:
Sworn to and subscribed before me this 14th day of April, 1937,
sad I hereby certify that I am not an officer or director of this bank.
MA"3EL MURRAY, Notary Public.
My commission expires August 5, 1938.
1
Ml' II a M 111 ■ ij T■ '
Wanted to repair radios. Our
expert thoroughly knows his
business. Prices right. Harris
Electric Co., fflkin. N. C. tfc
For Sale: Good mare mule, 6
years old, weighs about 850
pounds. Price reasonable. H.
O. Thompson, Mountain Park.
N. C. ltp
Barbed wire, get it now. Surry
Hardware Co.