Newspapers / Shelby Daily Star (Shelby, … / Oct. 17, 1924, edition 1 / Page 4
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ftlit dlminnA ^iar TUESDAY AND FRIDAY Subscription Price. By mail, per year_$2.00 By carrier, per year___ $2.60 The Star Publishing Company, Inc. LEE B. WEATHERS_President RENN DRUM_Local Editor Entered as second class matter January I, 1906, at the postoffice at Shelby, North Carolina, under the Act of Congress, March 3, 1879. We wish to call your attention to the fact that it is, and has been our custom to charge five cents per line for resolutions of respect, cards of thanks and obituary notices, after one death notice has been published. This will be strictly adhered to. FRIDAY, OCT. 17, 1924. WHY THE PARTY? The value of political cliques and groups of politicians or party favor ites to the government supposed to be "of for and by the people” varies ac cording to the judge. The necessity of political parties to a government of the people is seldom questioned now adays, but their value is often under fire. Speaking in Asheville Tuesday night Hon. Clyde R. Hoey, declared that “a political party is a Valuable instrumentality in the administration of government only to the extant ahd in the proportion to which it voices the hopes and aspirations of the people, and interprets their wishes—”. Which to our way of thinking is a very clear standard by which to judge the worth of a party, meaning tQ the government which is the people, and not. party followers. Continuing Mr. Hoey said: “A political pariy is a valuable in strumentality in the administration of government only to the extent and in the proportion to which it voices the hopes and aspirations of the people, and interprets their wishes and trans lates itno law their supreme will.” “ ‘The Republican party had con trolled the government of the United States for lfi years, uninterruptedly when Wilson was elected in 1912, and, * o With the exception of the two terms of Grover Cleveland, for more than 49 * years’ special privilege and stand patism completely dominated the government and the voice of the peo ple had been effectively stifled-’’ A GOOD PARADE SPOILED. For the lack of proper police" regu lation during a traffic jam on Tues day, the parade which promised tp be a good feature of the inaugural fair, v whs spoiled completely. Passenger ^ ears and tracks which should have been turned off the streets over which the parade was to move, or made to park in accordance with the traffic regulations, were allowed to follow the parade and throw it into abso lute confusion, so much so that the parade was an utter failure. Thous ands who expected to witness the moving floats were denied this privi lege when n jam of cars undertook to follow the parade and threw it into such confusion that the floats gave up in despair. Such a thing should never be allowed to happen again for the sake of the public, the parade and safety of life and property. Had the fire department received an alarm during the jum, it would have been impossible to get the fire tr'n-k through the principal streets for fully a quarter or an hour. Sufficient deputieR seem to hove been on duty to have handled the situation, but they were either un coached as to their duties or lost con trol of the situation entirely, much to the dismay of the thousands who gathered to witness the pageant. At the fair ground, the situation was somewhat different. The cogges , Miion of motor vehicles was handled as well as could be expected and every thing was kept moving or the cars were required to park in a systematic and orderly manner. MiiMl; o r GRAFT M US Speech at Candler Termed Best Poli tical Address Ever Heard in Western North Carolina. Asheville Citizen. "The Republican party ought to be turned out of power in the Nation be cause it is affected with political lep rosy,” declared O. Max Gardner, of Shelby, in an address delivered before an audience of 2,500 men and women at the barbecue and big political rally held at the Candler high school Fri day. Mr. Gardner spoke for about 45 minutes. It was one of Mr. Gardner’s finest forensic efforts and he made many friends by his splendid address. The Shelby man is gifted with the di vine fire of eloquence and he used his gift to tremendous advantage. He apparently was never in better shape to inform voters of the many accom plishments of the party of Jefferson. He assailed the Republican party as the party of special privileges and called‘upon the people to return to power in the Nation, the party that has always conducted the affairs of the government “honestly and just ly.” His speech was forceful, effective and convincing. Delivered in the open air, it was heard by hundreds who could not possibly have been accom modated in the schol building near by. "The chief characteristic of this di sease is that it is unclean,” continued Mr. Gardner, “It is some times called by scientists elephantiasis, because the skin becomes like an elephant’s. As the emblem of the Republican party, this comparison is strikingly fitting. The disease is contagious, not by mere casual contact, but by habit ual and frequent exposure. Secretary Fall had ieprosy for over a year be fore it was discovered, and at that time he was in constant contact with the President, and the cabinet and the leaders of his party. The disease kills, and the only safe course to follow in dealing with a leprous condition is to clean up, clean it out and drive the di sease and the exposed members into isolation and confinement. Fall Was First. "Of course, we all know that the man who first developed this unclean and rotten disease in the Republican party was Secretary Fall. In due time he will be exiled in the United States penitentiary where he will find another Republican leper. ex-Governor McCray of Indiana. "Republican leaders say that Presi dent Coolidge, who was exposed to po litical leprosy, is immunc( and, like the Master who walked the waters of Galilee, the President has passed a mesmeric influence over his party, and with miraculous power touched and cleaned and healed its., awful im morality. Has he? Whnt ha- this great physician and sanitary doctor done to disinfect and deodorize the Re-v fmblican pai;ty? He has done abso-f utely nothimr. He has not even apol-j ogized for its filth. He has not lifted his voice in denunciation of the un-i clean. Ilis only treatment for thet great scandals that have stained andj scarred the administration of the Re publican party is to ‘forget it.’ Can you mountain Republicans imagine** Roosevelt pussy-footing with such political prostitutes as Secretary Fnll or Daugherty? Coolidge says, ‘forget it.’ Are the American people to forget the hundreds of millions of dollars worth of government property that was prostituted to private gain by one ofthe great minds and great directors of the Republican party? Are the American people to forget the debauch ing of the department of justice un der Daughterly, with its secret wires and secret codes ramifying the Na tional capital and utilized for the pro tection of grnfter and successfully evading the arm of the law? Are we to forget Forbes, who under the mask of Republican auspices robbed crip- j pled soldiers and unblushingly looted the lnmc and halt and hrind.” Perfection Not Claimed. Mr. Gardner stated that no party serving in ns many lines of human endeavor as the Democratic party could hope through human agency to b£ perfect. He continued, by saying:; | “I do not claim for my party perfec-1 jtion. It has made mistakes. The man, or organization that does not make mistakes never makes anything; but I declare to you that my party, when | it makes a mistake, has within itself it own corrective. Referring to the Republican candi date for governor in North Carolina, Mr. Gardner said: “Colonel Meekins is quick to see that Fall and Forbes! cal for fumigation an that Denby and Daugherty impose upon the present administration a duty of deorodizing and disinfecting, but he cannot dis tinguish them from MeAdoo an Do i heny. If the Colonel wishes Democrat I ic help, and he needs it, this strange obliquity of moral vision may be cor ! rected. The difference is very plain and 1 think significant: When a Democrat : in high office desires to make money, | hi> resigns His office and hires himself to,; private business. Remember that wi h all the research of 100 investi gating! committee* gf the Republican congress not a crookedor corrupt dol lar traced (jo a pOi)i«Cratic officii i »iid«r !t)je ndmihjstrPtiPfi of "'hen a Republican in prjyqte employment desires to tnajie money he.ilakes public office and hooks’ Tf 'ftp to his ,pocketbook. MeAdoo made, his monesrout of office. Fall mide his ntW ney by reison of his powerful influ ence in office. Not every Teddy, as the New York G. O. P. seems to thing, is a bear.— Columbia Record. The real Chinese puzzle is where all the war munitions are coming from— Portland Oregonian. ( barter No. 6776 Reserve District No. 5 REPORT OF THE CONDITION OF FIRST NATIONAL BANK OF SHEL BY. IN THE STATE OF NORTH CAROLINA. AT THE CLOSE 04 BUSINESS ON OCTOBER loth. 1924. RESOURCES Loans and discounts, including rediscounts acceptances of other banks, and foreign bills of exchange or drafts sold with indorsement of this (except those shown in b and c) _ _3,661,087.05 Total loans _ ,. .. . ._ . 3.661,087.05 Overdrafts unsecured _ _ __ 13 486.00 U. s. Government securities owned: Deposited to secure circulation (U. S.'bondi par j v*,ue --- - - — _ — 226’000.00 All other United States government securities (inculding premiums, if any) .. 921.89 Total ___ . _ . _., _ Other bonds, stocks, securities, etc.: Furnitureand fixtures Real estate owned other than banking house 1 Lawful reserve with Federal Reserve Rank _ Items with Federal Reserve Bank in process of collection Cash in vault and amount due from national banks Amount due from State banks, bankers, und trust companies in the U. S. (other than included in items 8, 9, and 10) Checks on other banks in the same city or town as reporting bank (other than item 12) To al of items 9, 10, 11, 12, and 13 . .. 414,113.67 M stellancous cash it ms ... 1,134.63 1,134.63 Redemption fund with U. S. Treas. and due from U. S. Treas. 11,250.00 -- - $4,736,051.33 225,921.89 158,000.00 1.435.72 106,500.00 144,122.37 I 65,209.00 ! 299,362.61 ! j 40,602.34 j 8.939.72 Total LIABILITIES Capital stock paid in . _ __ _ _ _ 250,000.00 Surplus fund . .. 250,000.00 Undivided profits $136,517.43 Reserved for into.tert mid taxes Reserved for ir> tewwt juid taxes accrued 47,656.88 184,174.31 Less current expenses, interest and taxes paid,... 1,796.04 182,378.27' Circulating notes outstanding _ _ _ _ ■ 225.000.W Amount due to Federal Reserve bank (deferred credits). . 67,254.71 Amount due to national banks ...... _____..... 150,000.00 Amount due to State banks, bankers, and trust companies in th» United States and foreign countries( other than included in items 21 or 22) ...... .. _ ..____97,453.00 Certified checks outstanding ..._ ^_ 5 25 Cashier's checks outstanding . . ... .... 11,634.57 Total of Items 21, 22, 23, 24, and 25 . 326,347.63 Oemand deposits (other than bank deposits) subject to Reserve (deposits payable within 30 days:) Individual deposits subject to check _ ..._ _ 1,126,980.41 State, county, or other municipal deposits secured by pledge of assets of this bank or surety bond ......__ 30,343.58 Dividends unpuid _ .... ____ 192.00 Total of demand deposits (othei' than bank de posits) subject to Reserve, Items 26, 27, 28, 29, Time deposits subject to Reserve (payable after 30 days, or subject to 30 days or more notice, and postal savings): Certificates of deposit (other than for money borrowed)_1,667,026.42 Other time deposits _ ..._..._ 98 246.75 T< tal of time deposit* subject to Reserve items 32, 33, 34 and 36 . ..... . 1,765,272.17 Bills payable (including all obligations representing money borrowed other than rediscounts) . _ ... .. . 200,000.00 Notes and bills rediscounted, including acceptances of other banks and foreign bills of exchange or drafts sold with in dorsement of this bank .. . _.__ _ 379,537.37 Total -- - ... ... - --- $4,736,061.33 State of North Carolina, County of Cleveland, ss: I, Forrest Eskridge, Cashier of the above-named bank, do solemnly swear that the above statement is true to the best of my knowledge and FORREST ESKRIDGH, Cashier. Subscribed and sworn to before me this 13th day of October, 1924. JOHN P. MULL, Notary Public. Correct—Attest A. C. MILLER CHAS. C. BLANTON, Directors. NU- CUT I GLASS A bijr assortment if Bowls, Dishes and plates d* i choice «P X NU- CUT GLASS Pickle Dishes, Bon Ron Dishes, big lot to select a f\ from_457C Vallies Galore—Harvest Sale During this October Harvest Sale we are offering bargains rare—You save money on Seasonable Goods, so it will pay you to come every day—Remember this sale goes through Saturday, October 18th and with each day you get new Bargains. ATTEND “CLEVELAND COUNTY’S FAIR” AND SEE OUR BOOTH. WOMEN’S FALL APPAREL FROM OUR SECOND FLOOR SILK DRESSES GROUP 1—These very exceptional values will delight you. Materials of Canton Crepe, Crepe Satin, Faille and Satin Dresses. Priced from— $10.00 ‘$18.95 Stylish Stout Dresses GROUP 2—The newest styles and shades of the season, which gives a slenderish appearance. Canton Crepes, Crepe Satin and Faille. Priced from— $18.9510 $29 95 l MILLINERY In thp new Fall shades and shapes. ,,Withj such materials as Felts, Vel vets |ind Velvet combination. Pric ed unsually low. $1.98,0 $9.98 SPORT DRESSES GROUP 3—A varied assortment to choose from. In Flannels, Plaid.;, Pin Stripe and others. Prices range from— $7.95 10 $18.95 New Fall Coats GROUP 1—Materials of Velour. Bolivia, Plaid Vclona Cloth and Novel weaves. Exceptional val ues at— $10.00° $24.95 COATS GROUP 2—Some are lavishly fur trimijmd, others of Brytonia Cloth, \ elona, Bolivian and all wanted materials and colors. Prided from— $29.50t0 $62.50 How Many Men In This County Have fheir Marx Made “MILLION SUIT” Bnneht? Do So At Once! Don't Wait Till Saturday The f»mou», master tail ored suits that give a man that stately, well groom ©d, gentlemanly appear ance of individual person ality so much desired. These suits are guaran ®'ve you entire sat action. Don’t Wait! Be ^itted Today! These Bolts are prod uml In enormous quail tire, con structed of npocWlr woven nintorlal and iinitnuaU)’ (rood linings and trimmings—with production costs cut at evrry corner, we desire to n»ike this the best clothes * ever bought at the price. "Th* Makers." OTHER “MARX MADE” SUITS A M *rx Made suit ;->il »• H to fit just as nice as any other Marx Me-do cv; ( and each suit is fully guaranteed. A big assortmo it t > selc.t from, all A a >/v at one price, only__ emwwi SMITHSON CLOTHES FOR MEN . )l'P high grade suit, some with two pairs of pants, in Huge and mixtures ot the best styles, like all of our pood suits they are guaran- tf* q rf and (t* A f\ i\f\ teed. See these now ____ $o5 $40.00
Shelby Daily Star (Shelby, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Oct. 17, 1924, edition 1
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