—— .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