Newspapers / The Wallace Enterprise (Wallace, … / June 4, 1936, edition 1 / Page 8
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Looking at Washington The importance of our for eign trade is apparent when one reads that the United States usually exports two-thirds of its refined copper and patent side upper leather; one-half of its annual rubber crop and gum rosin; one-third of its agricul tural machinery, sewing ma chines, lubricating greases lub ricating oils and tobacco; one fourth of its office appliances and power driven metal work ing machinery; two-fifths of its aircraft, dried fruits, printing and book-binding machinery and borax; one-fifth of its trac tors; and one-sixth of its radio apparatus. As expressed by Francis B. Sayre, Assistant Secretary of State, a farm population of 3, 200.000 people is supported by agricultural exports, and in the industrial field conservative calculations estimate that 7, 500.000 workers are dependent upo nexport sales. Based on fig ures for the fiscal year 1929, the loss in American foreign sales during the years 1934 and 1935 aggregated more than six and one-half billion dollars, or a; billion dollars more than the amounts expended by the Gov ernment during the two years' to take care of our unemployed, i The other side of the picture, is emphasized in the famliar^ declaration that “to sell, we^ must buy.” Among the things that the United States imports | from abroad are coffee, crude rubber, raw silk, book pulp, spi ces, tin minerals, eac. The na tions which buy from us must pay for their purchases either in goods, services, or gold. As most readers know, the United States has already acquired a vase hoard of gold. Besides, the gold stocks of foreign nations are so low that payment in gold is impossible. To pay in ser-, vices, other nations must be| able to sell us transportation, | insurance, or credit in the form of loans, but the United States | needs no credit from abroad, is | able to handle its own insur-; ance, and along with other na-j tions, is subsidizing ships to build up its own merchant ma rines. Obviously, this leaves other nations unable to buy our goods in quantity unless they are permitted to sell their pro-; ducts in this country. Contrary to the popular im pression that imports decrease' employment in this country, the1 statistics of the Federal Re-] serve from the years 1919-1935; show that during every year in' which imports increased, fac tory employment also increas-] ed. With a single exception, the figures also reveal that dur-j ing each year which imports, decreased, factory employment | also decreased. Naturally when ; importers bring into this coun try goods from other countries,1 they start a chain of operations: whhich includes transportation, servicing, processing, manufac-i t-uring, and distribution. Last week in this column, we idiscussed the effect of Secreta- j ry Hull’s fourteen reciprocal trade treaties in relation to j world trade. Since that time,! the President has increased tariff rates on bleached, print-! ed, dyed, and colored cotton j Cloths, an average of 32 per- j cent, following the collapse of negotiations with Japan, seek-j ing to secure some restrictions | of Japanese shipments of these, goods to the United States. The' increase affected about 58 per cent, on the square yard basis, of the total cotton cloths im ported in 1935, and about 90 percent of such imports from Japan. This action was hardly in ac eord with Secretary Hull’s pro gram but the President felt that he had to meet a special situa tion. In this connection, it is pointed out that Japanese ship ments to this country during the first quarter of this yfar in creased nearly 70 percent over those of a year ago. While this seems to be a large gain, the Tariff Commission points out that in 1935 our imports of cot ton cloths from all sources were less than 1 percent of our do mestic production. Critics of the President's action point out that Japan in 1985 sold us 9153,000,000 worth of goods and bousrht from us 3203.000,000 worth. Moreover, the Japanese have been buying more thar $20 worth oof raw cotton from us for every 1 worth of cotton textiles she has been selling tc us. The State Department is con fronting other difficulties in its effort to boost our trade ab road. Brazil is said to be nego tiating agreements with Germ' any and Italy without accord ing to this country “most-fav ored-nations” treatment. Aus tralia is said to have appliec discriminatory tariff rates ag ainst certain American goods Particularly disturbing is th< situation in North China when the Japanese are charged with encouraging smuggling goods into China and with practical ly prohibiting the Chinese gov ernment from collecting duties This means in effect, that tht traders of other nations, being forced to pay duties in China, will be unable to complete with the Japanese and will ^hereforf lose the Chinese market. Just exactly what steps will be tak en by other nations in regard to the smuggling traffic in North China, are uncertain but it is said that the recent agreement of the United States to buy sil ver from China is calculated to put pressure on Japan and that the probability is that Great Britain will also take action to halt- the smuggling operation. Another five to four decision of the Supreme Court has void ed the Municipal Bankruptcy Act, under which Congress two years ago authorized political sub-divisions of States to read just their indebtedness in Fed eral courts. The majority held that the law invaded the rights of the States but Justices Car donoz, Brandeis, and Stone, and Stone, and Chief Justice Hughes agreed that the statute had been framed with “sedu lous regard to the structure of the Federal system”. By this time, it is apparent that a majority of the Court is adamant in its opposition to New Deal legislation, allthough three Justices have expressed their approval in twenty-two iissent-ing opinions. This means that there will probably be no affort to amend the Constitu ;ion The Administration, look ng at the adverse decisions as temporary obstacles, will press tword its objectives. Mean while, the President will fill axpected vacancies in the Court with jurists holding views in accord with the “liberal” Jus tices. Two appointments would thus provide the majority ne cessary to sanction most of the upset legislation. As a result of the Guffey de cision, all thought of little N. ft. A.’s in basic industries will be abandoned for the present and the activities of the Na tional Labor Relations Board greatly restricted. Heretofore, Don’t Prolong The Agony! Next time you suffer from Gas on Stomach, Headache, Sour Stomach, a Cold, Muscular, Rheumatic, Sciatic or Periodic Pains; That Tired Feeling, That “Morning After” Feeling. Get s» glass ot water and drop in one or two tablets of Alka-Seltzer The New Pain-Relieving, Alka lizing, Effervescent Tablet Watch it bubble up, then drink it. You will be amazed at the almost instant relief. It is called Alka-Seltzer because it makes a sparkling alkaline drink, and as it contains _ an analgesic (Acetyl-Salicylate) it first relieves the pain of every day ailments and then by re storing the alkaline balance cor rects the cause when due to excess acid. After trying many brands of medicines—so-called relief for gas, and all of them a failure, I gave up hopes. By chance I tried Alka-Seltzer—I am more than satisfied. Geo. Bennett, New York, N. Y. Get a glass at your drug store soda fountain. Take home a 30 cent or 60 cent package. the N. L. R. 6. has assumed that companies with large inter state trade were under Federal law against unfair labor prac tices but the Court has made it plain that labor relations in manufacturing are outside the jurisdiction of Congress. The social security program is not immediately affected. | During the last month sever al incidents have happened tending to bring into promin i ence the Far East and possib-i ties to affect the relations of the United States and Japan. About three weeks ago, the United States called to the attention of the Japanese Government large smuggling operations from Manchuria into northern Chi jna. About a week later, upon the heels of news telling of Ja panese troop movements south ^f the Grat Wall, the State De partment reiterated its faith in anti-war treaties and observed [that it expected other nations to observe them. Shortly there after the Treasury’s silver pur chase program brought aid to Jthe weakened Chinese currency sustem and made it unnecessary 'for the Chinese Government to [accept aid from Japan. Then ,the President boosted the tariff ion cotton textile goods affect ling Japanese shipments to this | country. So far, there has been no counter-movement from Japan, » Civil Service Examinations i _ The United States Civil Ser-' vice Commission has announc ed open competitive examina- , tions as follows: Assistant petroleum engin-, eer, $2,600 a year, Geological, Survey. | Teacher in community school | (primary, intermediate, special or opportunity, or one-teacher, day), $1,620 a year, Indian Field Service (including Alas ka). Statistical analysts (trans portation), various grades, $3, 200 to $6,600 a year, Bureau of Statistics, and Bureau of Mo tor Carriers, Interstate Com-, merce Commission. Assistant superintendent of brush factory, $3,200 a year, foreman of brush factory, $2, 600 a year, United States Peni-j tentiary Annex, Fort Leaven-' worth, Kansas. 1 Full information may be ob tained from the Secretary of the United States Civil Service Board of Examiners at the post office or customhouse in any ci ty which has a post office of the first or the second class, or from the United States Civil Service Commission, Washing ton, D. C. Britain expects to start an Atlantic airline soon. Survey reveals that boys still prefer baseball to radio. i-■ , - j Retail trade levels through out the country were well sus tained in keeping with the trend of recent weeks, while in virtually all cases the substan tial margin over last year con tinued, according to nationwide ! reports this week to the De jpartment of Commerce. Whole sale leveled off in most mar kets, although brisk business in !New York reflected excellent 'retail results over the country. There were no signs of re cession in industry, while sea sonal employment rose sharply i and construction moved for ward with increased momen tum. The agricultural situa tion was affected by weather j conditions, rain having brought relief to some areas, while there remained considerable evidence :of drouth damage. i Spotted drouth areas were re ported by St. Louis, Memphis, Norfolk, Savannah, Seattle and| Louisville. Corn was in good: shape in Missouri except in the Southeast and Southwest where! moisture was lacking. In Mem-j phis, it was estimated 10 per-j cent of the cotton crop in that immediate section will have to i i he replanted, while in the Nor folk area truck crops were damaged. Dry weather cut the production of tobacco plants in [the blue grass region of Ken tucky, while the strawberry crop in the Paducah area was cut to 40 cars from 827 last year. The Louisville report al so said that lamb prices at Flemingsiburg were the highest since 1929. Heavy rains in Texas delayed farm work and retarded the onion harvest. Ex cellent rains were also report THE MAGIC GIBSON r ^ ^ J /Wh. \ •I Is the only real, practical improve ment in household refrigerators in modern times. You won’t he satis fied vinless your new refrigerator has the Magic Frevx’r Shelf. | And, of course, This means a GIBSON. because only GIBSOI\ has the Magic 'Jhas.ih. PRICE OF MODEL SHOWN $179.50 J. A. Smith & Company MAGNOLIA, N. C. Signal Radio Service GOLDSBORO, N. C. Kenansville Drug Company 'rug s^o KENANSVILLE, N. C. • James Rose WALLACE, N. C. Harrell’s Dept. Store BUBGAW, N. C. ed by Kansas City, Omaha and Minneapolis with scattered showers in the St. Louis and Savannah areas. Dust storms in Nebraska were ended. Celery and tomatoes continued to move in fair volume from Florida and the first car of melons was shiped from Lake county. Seasonal farm crops created a labor demand in the Portland area where 2,000 berry pickers were wanted and it was indi cated that demand would in crease as other crops mature. The National Re-employment 530 workers and the Louisfille Service of Kentucky placed 1, report said there was a short age of building craftsmen in 15 principal Kentucky cities. In Pittsburgh 12,362 were dropped from relief rolls. The berry fields of Kentucky and sugar beet fields of Nebraska and Montana were also employinj hundreds. In Kansas City, there was a shortage of skilled mechanics in brick-laying ani iron workers’ trades. Private employment gains were also re ported by St. Louis Indianapo lis, Memphis, Wilmington and Detroit. April factory employ ment in Toledo was the highest in five years. Retail trade in Portland was affected by strikes in the logging, sawmill and au tomobile mechanic groups. The Railway and Terminal Co., of Dallas resorted a 10 percent pay out to 750 workers. A Chicago firm planned to spend $1,000,000 to develop a 20,000,000 ton coal field in Ran dolph and Macon counties, Mis souri. The Westinghouse Elec tric and Manufacturing Co., added 100 workers to the Springfield, Mass., plant. In dustrial power consumption in Detroit reached a new peak for the year and ground was brok en for a million dollar 11-story addition to the General Motors research laboratories. Buffalo reported factory employment and pay rolls highest since 1930. A corporation was char tered for a $7,50,000 pulp and paper mill at Port St. Joe, Fla. Announcement of price advan ces, effective in the third quar ter, was expected to make June steel production highst of the year, according to the Pitts burgh report. Heavier indus trial operations tended upward in New York. The Southern Pacific Railroad asked bids on 3,000 freight cars. The Mon-| santo Chemical Co., of St. Louis planned to spend most of a $6, 000,000 stock issue for a phos phoric acid plant and mineral lands at Columbia, Tenn. In Cleveland, the Chespeake and Ohio Railroad placed orders for $11,925,000 of rolling stock, while the machine tool indus try had 84 percent in the first four months of the year than last year. Dallas reported 438 new oil drilling permits, highest for the year. Water freight traffic was inaugurated between Charles ton and Columbia, S. C. Pitts borgh reported water commerce of 3,016,999 tons in April, com pared with 2,086,759 in the same month last year. A Pul aski, Tenn., firm shipped 500, 000 bees to North Dakota. Cash j income from the sale of farm 'products in April was estimated at $490,000,000, compared with $468,000,000 in the same month C. C. C. TO HAVE OPENINGS FOR YOUNG MEN IN JULY The North Carolina State . Board of Charities and Publlb Welfare has been assured that j North Carolina will have a quo ta of CCC enrollment for July. Just what the quota for Pender County wil be in the next en» rollment is indefinite. The County Welfare Department suggests that- boys, both wb|te and colored, who want to make application for a July enlist ment do so as soon as possible in order to avoid a last minute ru«h. All applicants must tip ply in person at the County Welfare Office. How a ldtten police depart ment robbed the shopkeepers and carried off their plunder in police cars—Read about it in The American Wekly, distrib- J luted with next Sunday's Wash- - ington Herald.—adv. A last year. Don’t EXPERIMENT! Bring Your Troubles To Us. If your motor is giving you trouble, See us. Our motor Analyzer will quickly find the trouble with out cost to you and the necessary repairs will be less expensive. We are also equipped to do expert ACETYLENE AND ELECTRIC WELDING - MO TOR REBUILDING - MACHINE SHOP WORK BODY REPAIRING - PAINTING - EXPERT CAR BURETOR REPAIRING - GLASS CUTTING AND GRINDING - “B-K” BOOSTER BRAKES INSTAL LED AND SERVICED We also sell the well known C & D Batteries, Yale and Goodyear Tires and Tubes (all sizes) PUROL GAS AND OILS Feed Grinding a Specialty—Short and Long Distance Hauling WHEN YOUR CAR NEEDS A DOCTOR—SEE US Hoffler & Boney Garage WALLACE, N. C. GET THESE AND MANY OTHER ONE CENT SALE BARGAINS NEXT WEP.THURS. FRI. SAT. the WHOLE FAMILY takes turns using this all purpose skin lotion. 50c Rilccr’* ILASOL 2 for 5 Me FAVORITE of ATHLETES for keeping muscles fit 50c Hu/ieieol Rubbing Alcohol PINT 2 for 3 Me WEDNESDAY ONLY . While they last Only On* Sal* cakes rie 37c rsw ^*v TOtlfT SOAP THURSDAY 11 v While they last STATIONERY MUlf1 Only On* S*N to a Cumm* W FOLDED SHEETS •0 SINGLE SHEETS •0 ENVELOPES ill 1111 rSATURDAY ONLY... While they last Only On*SaUt»aCu«temw REGULAR $1.00 BOX 2 f This coupon and 40c | ( you to This foaming, has of good tasting cuta MMBIDhw tooth paste i “ WwSMmSn cleans teeth L CREME au over. How ■17 value it whitens! Cnk redtaptio* vela* 1-10 cl cut mri A SS5s2£s33£assii Wrapped Caramels, 1 lb. 2 for 36c Milk Choc. Bar, *4 lb. 2 for 20c Asst Sc Choc. Bars 2 for 6c 25c 26c Readymade Bandage 2 for 2Cc Z. O. Adhesive PI. X” x 5 yds. 2 for 26c TO ILET GOODS 25c Stag Powder for Men 2 for 26c 35c Brushless Shaving Cream 2 for 36c 50c Jasmine Face Powder 2 for 51c 50c Shav. Lotion 2 for 51c 50c CocoanutOil Shampoo 2 for 51c' STATIONERY 60c Pound Paper or Envelopes 2 for 51c 25c Medford Pap. 2 for 26c THAN MANY GRADES Of AMIN Works Foster Brings speedy relief from pain BMasrimm £Z 100'< regularly 49c DU" DOUBLE-STRENGTH MOUTH WASH guards against germs . .. keeps breath su.eet Mi 31 Solution PINT regularly 49c 9|JC Dees Pharmacy Prescription Druggist Wallace, North Carolina
The Wallace Enterprise (Wallace, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
June 4, 1936, edition 1
8
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