Newspapers / The Roxboro Courier (Roxboro, … / March 5, 1936, edition 1 / Page 2
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BUSINESS AND RECOVERY By W. J. Cameron, of The Ford Motor Go., In a Sunday Evening Broadcast. Friends of the Sunday Evening Hour: An impression has at times pre vailed that in the matter of spend ing money to help the country, the largest spenders for recovery pur poses than the government ever could be. The country made some effort in its own behalf; but that phase of recovery is never, P re ed. We present it tonight from United States government statistics. Public money for w ° rk J; elie * can to flow in 1933. By the end of 1935 a little more than 5 billion dollars had been spent If you »dd the President’s fund of 4.8 billion dollars, not yet expended, ernment total is about 10 billions. Now. compare that with the 27 bi lion dollars which American Busi ness spent over and above its come to assist the work of recovery. From 1930 to 1934 inclusive, Ameri can business produced an income of 214 billions a If e more^han half its income at the 1929 r and paid out 241 billions. That is to American Business took 27 billions besides spending all its income, from its savings of former years, and spent that too. was not phd anthropy. It was not a loan. Just as the physical body responds when suddenly forced to draw upon i reserves of strength, so the econo mic body responded. For f the economic reserve was there to be drawn upon! The use of the business surplus was the mos gi gantic effort that was made to keep the country going, and was by al odds the most effective. You may add to this 27 billions, if you like, the government’s em ergency relief expenditures, for it all comes from the same source from the people and from business, either as the government borrows it from banks or as the people pay it in taxes. Everything that is spent is our own; there is no one to sup ply it except ourselves. During 1933-34 while government was spending 2 billions on work relief, American Business was spending 4% billions above its income to Vote Schedule In Merchants Grand Free Prize Campaign 20,000 votes—Each SI.OO purchase, or 200 votes—Each lc purchase. 100,000 votes—Each SI.OO paid on old account, or 1,000 votes—Each lc paid on old account. 1,000,000 EXTRA VOTES—If account is paid in full. TRADE CARDS 1,000,000 votes—Each $5.00 Trade Card. 400,000 votes—Each $2.50 Trade Card. BIG VOTE TOTALS CAN BE SECURED WITH JUNK BRING IT TO WINSTEAD WAREHOUSE ANY DAY 500,000 Votes for each old automobile Radiator. 500,000 Votes for each old automobile Battery. 125,000 Votes for each bundle of Magazines securely tied. Must weigh 25 pounds. 125,000 Votes for each bundle of Newspapers, securely tied. Must weigh 25 pounds. 125,000 Votes for Copper, Lead, Zinc, Brass and Aluminum, per pound. 50,000 Votes for each 20 lbs. of Scrap Iron. 35,000 Votes for each Burlap Bag, Clean and free of holes. 50,000 Votes for each Old Automobile Tube. 30,000 Votes for heavy Catalogs or Books. 25,000 Votes for Each Old Automobile Tire. We hereby issue the first call of Spring to all lovers both young and old. Come to our place get a tank full of gas plenty of oil new tire or tube and go where nature calls. Spring-time is love-time, Your time is her time. Pop the question in a car, Then go ask her Pa. Have plenty of gas and oil in your tank—get it from us and put the rest of your money in the bank. BUMPASS & DAY Phone 204 Roxboro, N, C. keep the wheels turning. At the same time, business was receiving only 56% of its usual income, while government income had risen to 116%. In other words, the govern ment, financially and comparative ly speaking, fared twice as well as business, and helped half as much. | There is not time tonight to give l in detail each industry’s contribu ! tion to this 27 billion dollar expen diture for recovery. Every branch of production and service contribut ed, and was still contributing when the latest government figures were issued. Heaviest contributor to re covery during the 1930-34 period, was the Manufacturing Industries, which paid out nearly 9 billion dol lars more than they took in. Next comes Trade, —the merchants and dealers who kept their doors open in spite of difficulty—they expend ed almost 5% billion dollars more than they received. Financial insti tutions spent 3 billion dollars above income. The Service Industries car ried on during the lean years by spending nearly 2% billions more than they collceted. Transportation companies spent about 114 billion beyond their revenues. And so on. This is money actually spent in ex cess of receipts. There is nothing in government recovery spending to equal it. How all this became possible is perfectly clear. In normal times a business surplus is used for expan sion, improvement and construc tive development. In emergencies it is used, together with current in come, to maintain our sources of supply and to prevent collapse. Whether in the family or in busi ness, these are the natural uses of a surplus. For example, at the be ginning of the depression, the Ford Motor Company by deliberate, and some said unwarranted, wage in creases, paid out $33,000,000 it might have reserved. In another year, to maintain a certain standard of em-. ployment, it paid out $68,000,000 more than it received. That was made possible by a surplus. Last year—l93s—without sound of trum- PERSON COUNTY TIMES ROXBORO, N. C. ■HBMH m' J. P. MORGAN, JR. Danville, Va. To meet Thomas Seawell here next Friday night. pets the Company gave wage in creases amounting to $12,000,000 in a total pay roll of $166,190,000. The employes also drew more than half a million dollars income from their investment certificates. For materi als the Company paid $617,000,000 to other branches of American busi ness. So that, last year, the Com pany came almost within sight of circulating a full billion dollars. It did circulate more than eight-tenths of a billion. Private surplus is public security. Since 1930 it has been national sal vation. But any surplus is limited and easily exhausted. It must be re plenished by production. The re covery effort made by American business was colossal; it was in fact so effective that during the de pression the nation’s productive life was held at about the 1922 level. Besides spending billions of dollars more than government spent for re covery, Business maintained for the producers of the national income the same relative share they had in 1929; and during four-fifths of the period of the depression it kept three-fourths of the workers em ployed. These are great achieve ments. In estimating and comparing pub lic services, therefore, it is just as well to have in mind the fact that the 27 billion dollars in excess of income which Business fortunately possessed and freely spent, stiil heads the list of recovery expendi tures. o FARM QUESTIONS ANSWERED Question: How can I prevent my hens from eating eggs? Answer: Egg eating is usually acquired by certain birds in the flock and starts by an egg being broken in the nest. If you can pick out the bird of birds that have formed this habit they should be taken from the flock and sold as there is no way of breaking them of the vice. If the whole flock is eating eggs there is apparently an insufficient amount of mineral mat ter in the ration and the trouble can be corrected by balancing the THE DOCTORS AREJGHT Women should take only liquid laxatives Many believe any laxative they might take only makes constipation worse. And that isn’t true. Do what doctors do to relieve this condition. They use a liquid THRH HEP! J | TO REUEVIN9 A cleansing dose today; a smallei quantity tomorrow; less each time, until bowels need no help at all. laxative, and keep reducing the dose until the bowels need no help stall. Reduced dosage is the secret of siding Nature in restoring regularity. You must use a little less laxative each time, and that’s why your laxa tive should be in liquid form. A liquid dose can be regulated to the drop. The liquid laxative generally used b Dr. CaldwdFs Syrup Pepsin. It contains senna and cascara both natural laxatives that form no habit wen with children. Syrup Pepsin is tju^ nicest actinglaxa- diet and adding the necessary min erals. Question: What preparation is necessary in seeding a new pasture to carpet grass? Answer: Moistlure is the chiefl essential to good growth of carpet grass and, while this grass will form a sod more quickly on a good seed bed, it will eventually make a good sod on poor soil with next to no preparation provided there i s enough moisture. Many good car pet grass pastures have been start ed by simply burning over bottom land and sowing the seed. The ideal seed bed, however, is one that is thoroughly pulverized to a depth of three inches and undisturbed below that depth. Plowing, therefore, should be avoided unless done about six to eight weeks before sowing the seed. Question: What size garden should be planned for average farm fami ly? Answer: This depends on the number in the family, but as a usual custom one-half acre will produce sufficient vegetable for a family of five. It sweet potatoes, cantaloupes, and watermelons are grown in the garden, a slightly larger plot will be necessary. The different crops and dates of planting together with the amount of seed or number of plants are given in Extension Cir cular No. 198 on “Planning the Gar den in Eastern Carolina” and may be obtained free upon application to the Agricultural Editor, State College. o State Warrants For Sale at Times’ Office. ♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦ <■♦♦♦♦♦♦♦♦♦♦ ;; Do You Need * ’• ROOFING OR I :: paint * *' k Buy Now Make first J •> payment next Fall. + 3! Direct from factory. J < ’ Absolutely guaranteed. * o SAVEMONEY * • i —Write— :: W. R. F ALLA w | ’, Roxboro Rd. Durham, N. C. | + X vwwwwvwmwwww I BUCK A JONES 1 ;! for ;! i| Transfer Service i; ■i Public Hauling i; (&) R. A. WHITFIELD, Distributor Why Gulf is the Gas for March j MARCH MEANS WINDS to most tthfa/t But March brings higher temperatures, / **Xk * a too. Average temperatures are up 5 to / _ m 13 degrees over February. If a gasoline / “HA T m isn’t made to suit the season, you don’t / Gf\f\ /> * # get the best mileage. Try That Good / ” O G ULP Gulf—it’s refined to give you top mile* / /ffigj&jw'afrA age woto. Because Gulf is “Kept io Step / 1/4/ Hw|Jlj|l with the Calendar,’’ all of it goes to work I^gg|p|pjr New Hanover fanners, interest ed in the deficiencies or minor plant food elements in their soils, are trying experiments with copper sulphate and are finding that it eliminates some of the troubles they have had with truck crops. I Reduced !j ALL WINTER WEATHER jj ACCESSORIES REDUCED!; Snap-On Chains, all sizes, !; NOW REDUCED ANTI FREEZE REDUCED!; GET OUR PRICES AND !; YOU WILL BUY HERE jj Roxboro Auto Parts i; Depot Street j! Monroe Pleasant, Mgr. !; Why Insure? In order that you may leave your family in good financial circumstances instead of wards of charity is one reason. There are others SEE US TODAY Walker Ins. Agency Cor. Hotel Jones Bldg. J. S. and Bill Walker •( * Grilled Grapefruit Jj-jA SHERRY To a half grapefruit which has been cored and sectioned, add one tablespoon brown sugar and two tablespoons of domestic Sherry Wine. Broil the grapefruit halves until thoroughly heat ed and seasoned. This may also be prepared by baking the fruit in a moderate oven (350 degrees) for 20 minutes. Garnish with Maraschino Cherries. Serve hot or cold. ROCK INN SERVICE STATION Edge of City , South Main St. THURSDAY, MARCH STH, 1936 State Warrants For Sale at Times* Office. £££ SALVE - noD ,or ZZZ COLDS Salve-Nose price Drops sc, 10c, 25c Getting Bp Nights If yo« suffsr from Cutting Up Night* Nervousness, Leg Pains. Swollen Joint* Dlxslnesa Headaches, Loss of Pep, Burn ing, Smarting, Itching Acidity due to functional Kidney or Bladdor troubles, try the Doctor's guaranteed prescription Cystoz (81ss-tez). Must bring new vitality In 48 hours, and satisfy completely in 8 days or money back. Guaranteed Cyatea ooeta only So a dose at druggists. Roxboro and Person County With all Work Guaranteed. No Job Too Large and None Too Small. GEORGEW* KANE Roxboro, N. C.
The Roxboro Courier (Roxboro, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
March 5, 1936, edition 1
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