—— .leveland Star SHELBY, N. C. ■55Y — WEDNESDAY — FRIDAY STAR PUBLISHING COMPANY, INC. SUBSCRIPTION PRICE *»y Mail, per year . 12.50 By Carrier, per year —.—.... $3.00 LEE B. WEATHERS ..--—........ President and Editor 8. ERNEST HOEY ...—........— Secretary and Foreman RENN DRUM —.......—..—...— ---- News Editor L. E. DAIL ........-......- Advertising Manager Entered as second class matter January 1, 1905, at the post office at Shelby, North Carolina, under the Act of Congre: s, March 3. 1879, We wish to call your attention to the tact that it is and has been our custom to charge five cents per hits lor resolutions of respect, cards of thanks and obituary notices, after one death notice has been published. This will be strictly adhered to. WEDNESDAY'. JAN. 6, 1932 TWINKLES And it was the Greensboro News which dubbed the Christmas-New Y ear period as the “alco-holidays.” Dividend .checks going out to stockholders oi Shelby j banks at a time when people of some sections are without banking facilities reiterate the strength of the local institu tions as well as their dependability made so by the confi dence and trust of patrons that have never been in the least violated. Governor Gardner and Senator Bailey held a powwow j before the latter returned to Washington. Perhaps the Gov-! ernor was suggesting to the Senator that he, in turn, sug-i gest that the national government follow the North Caro lina plan of cutting down expenses to make ends meet in stead of seeking a new source of money with which to pay off. THEY ARE DOING IT WHEN THE LAST North Carolina legislature cut down: the budget? for operation of schools there were those among school officials and educational leaders who said “it can’t be done.” At. the same time there were other educa tional leaders and officials, just as anxious to get everything for the schools they could and just as eager to maintain a steady advance of educational progress in the State, who said that it could be done. The latter group realized that ’ due to conditions many people and many organizations were! getting along on less than they had been accustomed to— because they had to do so. They knew that the schools, too, must economize because the times demanded it. And this g^oup, just as hopeful for the day of larger school appro priations when times improve, have shown that it can be dona, A report from the Shelby school system this week re veals that the system, in which there are. over 3,000 stu dents, is to date running on slightly less than the State set forth in the reduced budget. The spirit of making the avail able revenue suffice instead of whining about it will come nearer convincing the people—who are the tax-pavers—that more money is needed for schools when the time comes that more can be given. NOT THE WORST IT IS A HUMAN trait to say that one thing is the best ever or that some other thing is the worst in history. It is a natural characteristic, it seems, for the majority of us to think and talk in terms of superlatives when we think and talk. And right often in doing so we err, because we fail to check back over the records of the past to ascer tain for a fact that this thing is the best or that thing is the worst, “Times are the worst they have ever been.” How often in recent months have you heard that statement ? Perhaps enough that you are about ready to believe it yourself. Well, it isn’t true. To show that it isn’t true the New York Times examines the records and says: The present depression is worse than that ot' 1921, because there was then no such accumulation of private indebtedness, contracted at inflated prices, here and abroad; in land, industrial plants and stock speculation. It is worse than that which followed 1907. because Eng land and France were then little affected, and because the general public in America was in a reasonably strong ,position. But it has not been as bad as the depression atter 1898. The three years 'following that panic witnessed complete paralysis of American trade; imminent in solvency of the United States Government; its rescue, , by barely the margin of a day, from lapse to a deprec iated silver standard; receiverships for one-fourth of the country’s railway mileage; nation-wide strikes of employes, sometimes amounting to industrial insurrec tion, and almost entire prostration of our banking sys tem.* Wall Street itself used to say in those days that America “has no financial future." It has certainly not repeated the aftermath of 1878, when acute depression lasted four or five years, when it was calculated that one fifth of the investment in our railways represented properties sold in foreclosure, when failures of the largest New \ork banks were numerous and disastrous, when labor demonstrations reached the stage of bloodshed, and when the real estate industry was a wreck. To extend the comparison to 1857 and 1887, when internal trade in the United States was almost stopped. *. would be superfluous. If times have been hard in 1931, there is still some comfort in making comparison with those older hardships. All of which returns us to the philosophy of life which night be labelled as taking it as it comes. When a rainy season sets in we are ready to say that it is the worst in years if not in all time. Likewise, a drought, if it is a little lengthy, is rated as the worst ever. But about the time we get through making such statements up bobs some old-timer who can tell you when there was more rain, a longer dry I spell, or deeper snows. The record, as quoted above, and the old-timers can tell jyou that times have been worse. And if you have any com mon sense and power of observation of your own, you need not be told that better times always followed. That is the jcheeriyg part about: conditions have improved after duller and more inactive periods in the past—and they will improve |this time. Remember that. HEARST ATTACKS WILSON iSINCE LEADERS of the Woodrow Wilson type let William Randolph Hearst know that they didn’t give a rap j whether or not his chain of newspapers supported the Dem ocratic party Mr. Hearst has seized every opportunity to be i rate and scoff at t lie party and its leaders. A week or two ago he flung a taunt at Democratic j “failures" and a day or so later Arthur Brisbane, who won j fame and fortune because Hearst syndicated his editorials, [echoed the criticism in more emphatic terms. Then last week at Los Angeles Hearst made a speech in which he at tacked Woodrow Wilson and all who held or still hold with the Wilson policies. “No greater misfortune,” the publish er declared, “ever happened to the United States, and sure ly no greater calamity ever befell the Democratic party, than the election of Wilson.” Then he went on to say, as the Raleigh News and Ob server notes: “Wilson’s policies cost the nation thousands of lives and thousands of millions of dollars.” Taking up the comment there the News and Observer, the editor of which j\yas very closely affiliated with the Wilson regime, says: He conceded that, Roosevelt, Baker, Ritchie, Smith I and Young are “good men” but said all- “like Hoover, dis cipes of Woodrow' Wilson, inheriting and fatuously follow ing the visionary policies of intermeddling in European conflicts and complications.” Not only is Wilson dead more influential than all the men living, according to Mr. Hearst, but he attributed Hoover's “unprecedented un popularity” to the assertion that he “has always been a Wilsonite.” That is news to the country. Wilson gave Hoover the power to do a great job in Belgium and to be come Food Administrator in this country during the World W ar. During those years Mr. Hoover was under stood to approve Wilson’s war policies. In 1919 Hoover declared that these people w'ho were opposing the en trance by this country in the League of Nations were “like Nero, fiddling while Rome burned.” But in 1920, when the question of party alignment came up Mr. Hoov er declared himself a Republican, supported Harding, be came a co-member of Fall and Daugherty in the Coolidge Hoover cabinet, repudiated the League of Nations, and has rendered only lip service to the World Court, and has stood for Mellonism and Privilege against every Wil son principle and policy. Certainly if Mr. Hoover eii joys “unprecedented unpopularity” it cannof-be ascribed to the fact that for a brief period he was trusted by Wil son in high station, for since 1920 he has been anti-Wil son in every public policy, national and international, even to eating his own words on the League of Nations and singing the infamous Hawley-Smoot tariff act, which closed foreign markets to surplus American pfoduets. In rebuking Wilson and all present Democratic leaders who. adhere to some of the Wilson policies, Hearst boosted Speaker Jack Garner of Texas as the logical presidential can didate for the Democrats. The Star admires the Texan and considers him one of the ablest men in the party and in the nation, but the boost of Garner is not aided any when ac companied by such uncalled for criticism of the last Demo cratic president. Why does Mr. Hearst see red every time someone mentions Wilson? There must be a reason—and there is. In 1908 Hearst couldn't go with Bryan and the Democrats and he would not affiliate with the Republicans, so he formed his new party, “The Independence League,” which proved to be a total flop. But in 1928 Taft's tariff policies became unpopular, Wilson was elected governor of New Jersey and the trend seemed to be Democratic. Hearst, sensing the change, came back to the Democrts. Leaders of the party were interviewed to see what they thought of the prodigal’s return. The. reporter who interviewed Governor Wilson was told by him, according to one report, the follow ing: “Has Hearst returned? If so, it is the worst blow the Democratic party has received.” From that day on Hearst has foamed at the mouth at every move of Wilson, and he is still foaming. When a man of the Hearst calibre attacks the record of the greatest leader of his era if; is generally the re action of personal feeling* The Wilson record, however, will be admired and respected by mapkind when history will have forgotten to record whether Hearst was a publisher, a re porter. or a printer’s devil. It is well, though, that there is some one around to riddle some of his charges by showing that Hoover has not been, as Hearst says, an out-and-out dis ciple of Wilson. Had he been, America would not be in the condition the nation is today. Give Full Steam Ahead, Damn The Torpedoes! (Monroe Journal.) The past year has gone. Let it go, with not so much as a backward glance. No Lot's wife anxiety for things that are behind. The dead has already buried its dead. The now is our concern and it is the grandest time in all the world's history for us. The past is dead. The future may never come. Only the now is ours. And It's grand to be living. Thank Ood for that unbounded blessing. What hardship, what messy depression, what shortage of money, can count a single grain against this supreme fact? We are living! ifo great scourage. no famine no war, no disaster surrounds us. But we have a depression Yes. hang it, we do have a depression, j but we are men. and a deo esaion is ■ only a depression. The world has always had depres sions. The course of history 1- like the life of an individual, a series of ups and downs. All progress has been made by the hit and miss. the trial and error, method. Never has the way been, smooth fo; long. All hills have their corresponding val leys. But God has given to man the spirit to soar and the power to do. Never have these qualities failed never for long been frustrated Man . uas always risen from the valley to the crest of the next hill. What man has done, man cap do. Always tnen have dote more than , men had done before. Indi duals have weakened and faltered m pe- i nods of adversity, but mankind has never surrendered. Always there ■ Ms N»o*i a "-olqrT „f rbo.hrav. +hot , have pushed on. And the greater the difficulty Uie more we have pushed on. Our tasks are hard or easy by comparison, and it is a fact that when they are easi est we falter most. That is because we don’t call up the reserves till we get hard pushed. And always so long as there is life there is power in reserves. Deep down iff our hearts we know that things are not so bad as we are accustomed to say. We know that they are mostly hard by comparison with easier times. Soil ing has been so easy that waves now look like seas, the going so good that pebbles now seem boulders. We would not minimize any hard ships that a single person has met. discount any suffering that has been or may be. To do so would show a lack of understanding and sympathy that no man should be guilty of. What we are saying Is that as a people we are facfed with | a much less serious situation Jhan men have in almost every genera tion found It necessary to overcome. No human being has ever yet lived that did not sometime meet trag edy face to face, and few genera tions have. Who are wc chat we should expect to escape our share of the common expet ience of man kind? But who, also, a.e we that v.e should whimper oj- dispair? Are we less able to meet a mere business set back than others have been to meet worse ones or to march through slaughter to an open grave? This very writer, though not so old, can remember a time when our land had not emerged from the wreck of a murderous civil war; twice when our youth were called away to wary upon for eign soil; when people fled helpless before epidemics of yetyow fever or smallpox and typhoid; when chil dren were swept away by diphtheria, when we knew nothing of the mas tery of tuberculosis, All these1 have vanished. Who whined or qhit in the scourage of flu in 1918? Here we are today with two years passed of a great depression and maybe two more to come. None but a fool would laugh it off, and sen sible men have already ceased to t'pep it up." The time for this is gone. The time is here to take stock to examine ourselves as individuals and as communities to find what we are really made of. Riches have wings and so does general prosper ity (in tpite of the late waves of pollyanna. But since we cannot have riches nor even geneva! prosperity have? Well, there are the good old .vir tues of that manhood which mani fests itself in faith, -hope and char ity, and wins all things by working and waiting. Faith! Faith iu our selves as individuals, faith in the valour and surenoss of our raoe, faith In our government and organ ised society, faith in the sure ad vance - of human progress though ever so often Interrupted and de layed, faith in a Gpd who smiles upon such hulnan efforts. And hope. Thank God, it‘s always with us. Exercise emore these grand old virtues and see how they compen sate for lack of mere things. Think of the good:-ess the charity, the helpfulness that vvv may exe-cisc. Cease to think of some bad conspir ators somewhere who have done a mythical something to us. Think of the broad field of human life In all the world that is beset as we are and resolve to do Qur p?rt. Cease to taijk revolutions and backsets, and harbor suspicions and disappoint ments. There will be no revolutions in our land. Think of the greatest and best men who ate doing all they can and forget the blatant laggards who talk of senseless revo lutions. Think that most that Is bad in men comes not from wilful sin so much as from human weak ness. No man is now*' wise much above his fellows, but all can be fair and generous. for some time yet, Fair, generous and helpful! Let us go about our tasks with firmness and good cheer. Let us help each other to the utmost of our needs and ability. There are mines ot.un explored happiness right here. If some of us have strength, let us share it with him w ho has less?—that is what strength is for. Times never stay the same, long The change will come, never fear; prosperity will come back in part if not in whole. Let our thoughts now be to make the most of our present experience hi order not to repeat the follies of the past. In short, be men. not Jumping Jacks nor hyster ics-. There is no place for a wail ing wall in America. When we have gone through the school of adver sity who knows how much better and happier we shall be. If people cannot stand adversity they are un worthy of prosperity and such a3 may come will be but accidental. Let us plant ourselves upon the foundations of a disciplined man hood and defy this or any other de pression to cheat us out of the vic tories and the Joys of life. Let de pressions swarm about us if they will, but let us be masters hi our own household, the citadel of our manhood. And with the knight of Snow down, beset by enemies, cry; “Come one. come all, this rock shall fly from Us firm base as soon as I ' Colombia bull fight fans were disappointed in an American bud fighters performance because the bull was lazy. Hereafter the Amer ican will realise that if the public must have bull, it must be inter STAND TRUE. ] iBj James Monroe Doanunn Let war so cruel cease, And come sweet, lasting peace For every land; Bring on a day of loie, That will a blessing prove. Urging an upward move With high demand! Stand true for highest aim, iAnd nations' surest fame For coming days; Stand true when others fay’, And war's dread ills assail, And never, never fall For peaceful ways! jKnow ye the truth so well, [With sincere purpose tell That war must fail; j liaise ye the shout so high I That none will e’er defy INter ever dare deny Peace must prevail! i ;The world’s a brotherhood. | And each for ethers’ good Mu£4 rule the lands; Each nation must be free, Til vital things agree, ; Reach out from sea to cce ! With brother’s hands! Boone-Lenoir, N. C., Dec. 10, ’31. | Toluca And Knob Creek Late News j Surprise Party for Miss Ledford. J Food Contributed to Charity. j Personals. —i-. (Special to The Star.' Toluca. Jan. 4.—The many friends of Mies Edith Ledford gave her a surprise party Christmas night. Among those present were: Misses Ima Carpenter, Vangie Sea gle, Corene Hoyle, Fannie, Lillian and Male Mostella, Fannie and El* sle Lou Burns, Nora Costner, Messrs Clyde and Burgin Costner, Edwin and Leslie Seagle Roy and Wayne Carpenter, Ernest Lutz, Woodrow Hoyle, Bill Clark, Jack Rainey, Many interesting games were played. Mr. F. A. Boyles has been cnosea as one of the charity committee. Several in the community donated food stuff that Mr. Boyles carried to Shelby. Mr. A. P. Sain of Morganton spent last Tuesday with his broth er Mr. S. D. Sain. Mr. and Mrs. Arthur Carpenter j and Mr. Howard Sain motored to the hospital at Morganton last Wednesday to sse Mr. Cicero Del linger, he is improving some at this writtng. Mr. Charlie Yarboro and children, Pierre, Cath^yn and Esteleen of Morganton, spent last Tuesday, with ' his brother Mr. and Mrs. B. G. Yar- , boro. , Mr. and Mrs. Flay Carpenter of Shelby spent last Sunday with hlff" parents Mr. and Mrs. J. M. Car penter. Mr. George Williams from Valdese visited his father Mr. L. M. Wil liams during the holidays. Mr. and Mrs. S. A. Sain and sons Fletcher and Thaxter spent last j Monday at the home of Mrs. Sain's: parents, Mr. and Mrs. W. F. Mull \ of Catawba county. Mrs. p. H. Connor spent the j Christmas holidays with her sis- i ter Mrs Jenkins and Mr. Jenkins of near Forrest City. Mr. and Mrs. Lester Barrett of Lenoir, visltdfc on Knob Creek dur- j ing the Christmas holiday?. Misses Ima Carpenter and Oor ene Hoyle spent last Sunday with Miss Edith Ledford. Misses Maie Mostella and Irene j Cook spent last Sunday with Mias j Vangie Seagle. Mr. and Mrs. Kirt Walker and children of Shelby visited at the home of Mrs. Walker’s brother Mr. and Mrs. Luther Mostella over the week end. Mr. and Mrs. L. E. Bevies were visitors of Mr. Frank Mitchem of Lincoln county, Mr. Mitchem Is serl pusljjUl with cancer of the mouth and throet. Misd Jaunita Mull left Tuesday for the normal school at Cullowhee, thl§ state, after spending the holi days at her home. Mr, and Mrs. Carroll Mull spent last week in Charlotte with her parent®, Mr. and Mrs. George i Cronenburg. Mr. and Mrs. Dock Lutz of Besse mer City, spent Christmas day at the home of Mr. find Mrs. C. G. Boyles. Mr. and Mi's. Alvin Deal of Rock dale spent a few days the past week with her parents Mr. and Mrs. S. A Sain. Mr. and Mrs. W. H Young, Mr and Mrs. Coy Young spent Christina." 1 day in Newton. • Miss Ruth Costner spent last Monday and Tuesday with Miss Pauline Davis of Rockdale. Mr. and Mrs. D. J. Sain of TTSJt ory visited her mother Mrs. I.ee Anne Boyles, Sunday afternoon. Mr. A. D. Willis spent the past week with Iris daughter Mr. and Mrs. Fred Eaker of Dallas. Experts say we must either ad just or revt'e our war debts. Prob ably meaning we've got to fix It up some way so we know we aren't going to get our money. And railroad chiefs have sug gested a neat pay cut. And if tt goes through, it will be plain that the Christmas tree wasn't the only thine that rot trimmer. « First National Bank SHELBY, N. C. STATEMENT OF CONDITION DECEMBER 31ST, 1931 RKSOl'tU KN • Loans and Discounts $2,628,778.07 Overdrafts - 10i5.89 Real Estate Owned 117,885.64 Furniture and Fixtures 11,967.45 Redemption Fund 12,500.00 U. S. Bonds to Secure Circulation .... 250,000.00 Other U. S. Bonds Owned ...... 51.981.68 N. C. State Bocds . 115,820.82 Shelby and Cleveland County Bonds _ 10,350.00 Stock in Federal Reserve Bank 22,500.00 Other Stocks and Bonds -x . _91,301.00 Cash on Hand and Due from Other Banks _ 558,018.04 TOTAL .... $3,863,156.55 LIABILITIES Capital --— --- $250,000.00 Surplus-.- 500,000.00 Undivided Profits_ 51,000.95 Reserved for Accrued Interest and Taxes ... 45,682.58 Dividend No. 57 - 7.500.00 Circulation 250,000.00 Notes Re-Discounted with Federal Reserve Bank ..._ 161,400.00 Bills Payable- 50,000.00 Deposits_ 2.547,573.06 TOTAL-----$3,863,156.59 For over Fifty Years, The First National Bank of Shelby, and its predecessors have served Shelby and Cle'jland county in a banking capacity. These years have covered years of prosperity, years of severe panics, good times and bad times, as the management during this half a century have devoted their efforts toward establishing a Safe, stable, and lasting financial insti tution that could be depended on in Fair or Foul weath er. We thank every customer and friend for business entrusted -to us the past year and submit the above Statement for your consideration with a feeling of Rfide, which we think is pardonable, as this statement reflects the financial condition of our county. First National Bank SHELBY, N. C. Capital, Surplus And Profits Eight Hundred Thousand Dollars. UNION TRUST CO. SHELBY, N. C. STATEMENT OF CONDITION DECEMBER 31, 1931. Including Branch Office* At Lattimore, Lawndale, Fallston, Mooresboro, Rutherfordton, Forest City And Caroleen. RESOURCES a£d Discoullts ---- - $988,644.67 erdratts _________ c <)g 49 Banking- Houses ___’ __ no 770 a(\ Other Real Estate Owned ‘'71'If. 10 — _1 -tn- ... ' ------ Furniture and Fixtures . "" ^4 04Son N. C. State Bonds ;_ -----------_ 4.64o.-0 ."Lwi:" County and Town Bonds' oao^oi Other Stocks and Bonds___o non 00 Cash on Hand and Due from Other Banks .>•<« -a ■v --*--—0,01 7.34 TOTAL §1.588,343.22 LIABILITIES Capital _ Surplus _ -- -1.1 $150,000.00 Undivided Profits'::::.:" ^ —47^55 wvSd N”Y“re!^“"d u4pr±tta -: ——-—T45.000I00 ^POSITS -- — -- 1,098,502.97 10TAL ------ $1,598,343.22 VVith a more cheerful outlook into the future and «itli business conditions- in our section better than in most places elsewhere, we look forward to the New 1 ear and expect a more prosperous year for every one. ine onion Trust Co., invites your business and offers you every service that a sound, capable and business like Bank can offer. UNION TRUST CO. CAPITAL AND SURPLUS THREE HUNDRED THOUSAND DOLLARS

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