Newspapers / Shelby Daily Star (Shelby, … / Jan. 22, 1932, edition 1 / Page 4
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The Cleveland Star SHELBY, N. C. MONDAY — WEDNESDAY — FRIDAY THE STAR PUBLISHING COMPANY, INC. SUBSCRIPTION PRICE By Mail, per year ...--—--......_..._*2.00 By Carrier, per year .... *3.00 LEE B. WEATHERS ..................... President and Editor 3. ERNEST HOEY .................... Secretary and Foreman RENN DRUM . News Editor L. E. DAIL .......................-... Advertising Manager Entered as second class matter January 1, 1905, at the poet* office at Shelby, North Carolina, under the Act of Congress, March 3, 1*79. We wish to call your attention to the tact that It is and lias been our custom to charge five cents per litre tor resolutions of respect, cards of thanks and obituary notices, after one death notice has been published. This will be strictly adhered to. FRIDAY, JAN. 22, 1932 TWINKLES Among: other things yau’ll notice that the movie stars who admit in advertisements that they’re over 30 or 40 are stars who have already reached the heights. “China on Verge of Severing Relations With Japan,” in forms a headline this week. What’s the use of getting puff ed up about it now that the Japs have already kicked them out of Manchuria? A paragraph in the Raleigh News and Observer 25 years ago (January 20, 1907) read: “It’s easy to tell a man who owns an automobile—he doesn’t pay his household bills.” And if the view was applicable to the present day, there would likely be a few more unpaid bills than there are. It’s a safe bet that Franklin Roosevelt. Maryland’s Ritchie and Alfalfa Bill Murray didn’t urge President Hoov er not to name Newton D. Baker to the Supreme court bench. With Baker out of the picture the atmosphere at the Chica go Democratic convention would be pretty well cleared up— for the other prospects. BUILDING CITIZENS IT IS ENCOURAGING to note the number of Cleveland county men, many of them young men, who are partici pating in the school here and being trained as Boy Scout leaders. There isn’t a more w holesome organization in ex istence for building upright citizens out of youths than the Scout organization. The progress of the organization de pends to a great extent upon the leaders it has, for the boys, although to go it on-their-own as much as possible, must have the proper directing influence. MAKE IT LOOK RIGHT ALL THESE YEARS, at campaign time, the Republicans have been telling voters, “Go ahead and put the Demo crats in if you want to, but you’ll just be voting yourself out of a job. They know so little about business that every thing will go to the dogs.” And on too many occasions to please would-be office-holders voters have been frightened by that warning. But with the Republicans in power and quite a few people out of jobs a satirical Democrat suggests this slogan: “If You jjust Be (Jut Of Work, Why Nqt Be Out Under the Democrats? It liOoks More Reasonable Under Republican Claims.” So it does as the unfilled promises come home to roost. CAL CRITICISES HOARDING , WATCH COR business to pick up! The purse-strings are being loosened. From New York comes a dispatch, "Cal Denounces Hoarders,” saying that the former presi dent has an article in a nationally known magazine in which he praises the national banking system and denounces hoarding. And all along we had been of the opinion that Mr. Coolidge was one of those thrifty New Englanders who squeezed the tongue out of the buffalo on nickels before he turned them loose. As we recall it, he was so cautious with his money while president that he had one or two of his pay checks uncashed when he left the White House. Remember ing all that, we say business is sure to pick up now that Mr. doolidge is denouncing those who keep their money out of circulation—that is if he is practising what he preaches. A BOOST FOR CLEVELAND TOWNS A DISPATCH in today’s paper from The Star's news bureau in Raleigh carries a worthwhile boost for Shelby’s mu nicipal government and its financial management. The report, made public by Charles M. Johnson, director of Local Government, informrs that there are ten towns in three Piedmont counties—Cleveland. Gaston, and Lincoln— which have never defaulted in bonds or interest payments and have excellent financial credit and rating. Among the municipalities cited are those of Shelby, Kings Mountain and Grover. All three have fairly low tax rates in compari son with other municipalities, and tax collections to January l for 1931 were shown to be good. Another interesting fea ture is that the town of Grover has no debt and a tax rate of only 20 cents. THE S. P. U, MATTER THE FIGURES published in Wednesday's Star concerning the proposal of selling the Shelby light plant to the Southern Public Utilities are already causing quite a bit of talk among the citizens of Shelby, as was to have been ex pected. The rate comparisons made,* necessitate study be fore one can get a clear idea of the matter. The figures given out by the city board tend to show that under the S. P. U. rate there will be a saving in light costs over the pres ent city rate and an increase in the cost of power rates, for heating, cooking and such as that. On the other hand, un der S. P. U. ownership, the city v ill have to pay for the pow er used to light the street lights and pump water, etc,, at fhe water plant. This extra coat must come from the peo ple in some form, say those opposing the sale, and offsets, they argue, the saving on lights with money to spare. Admittedly there are arguments, pretty good *rfu meats,.un both aides of the controversy, and, unless we miss a guess, there will be plenty of arguing done about Shelby in the weeks to come. SAVING ON THE ROADS ALL OVER NORTH CAROLINA struggling farmers and landowners are realizing that the cut in their 1931 tax es was made possible by the new highway program pushed through by Governor Gardner. And, at the same time, they are finding that their roads are as well maintained as they ever were, if not better. Yet at least one candidate for gov ernor and a few others keep harping about the matter, call ing the more business-like highway system a “centralization of government.” it's interesting when such a topic is up to hear how the average man out on the farm and elsewhere feels about it. J. Z. Green, former Farm Federation official of Union coun ty and a man who mingles as much with the farmers and hears their viewpoints as any one person in the State, has this to say: “Referring to the announced candidacy of Colonel Kirk patrick for Senator from Mecklenburg, The Charlotte Ob server remarks: “‘He would not long occupy the senatorial seat before the entire State would be hearing from him.’ “A good portion of the State heard from him some years ago in a notably elaborate and lengthy speech while intro ducing'President Wilson at Charlotte. "More recently he was heard from in a vigorous attack upon Governor Gardner’s new road program, until the Gov ernor, steam roller flattened him out. When talking doesn’t cost anything nobody can bring up any serious objections. Rut talk in the State Senate will be carried on at the ex pense of tax-payers. “Some years ago I asked a prominent lawyer at Eden ton, away down in the extreme eastern section of the State, it' he knew one of my neighbors up here who had acquired a reputation for much talking. His reply was: ‘Oh, yes, I know him very well. He’s a great talker. He can hang his mouth on a nail when he goes to supper and it'll be talking when he gets back.’ “One cannot travel far over Union county roads with out being convinced that the roads of this county are being maintained much more efficiently than under the old county unit plan, and there is an absence of favoritism as to locali ties in the allotment. "But aside from an aggregate sav ing of more than two million dollars in the State, the lifting of the road tax from lands, homes and other visible property shows big in your tax receipts this year. Any system that lightens the tax load carried by lands and other visible property reflects credit and honor upon those who are responsible for it* In this case the credit goes very largely to Governor Gardner, in spite of the fact that one candidate for Governor ife now making his campaigns in part to an opposition of this form of what he calls ‘centralization’ of government. "There was a time when an appeal to sentiment for pro tection and maintenance of ‘local self-government’ struck a responsive chord. ‘‘But since an over-dmfe of ‘local self-government’ in town affairs and county affairs lias brought nearly every town and county to the borderland of bankruptcy there is no longer any magic in ‘local self-government’ as a political slogan. While these smaller units of government are facing inevitable default in payment of bonded obligations and are surrendering their affairs to the State commission for local and county governments the term ‘local Self-government’ is more apt. to cause nightmares among tax payers than thrills and inspiration.” Latin America Makes Change In 3-Year Period Was Land of Promise \\ hen Malted By Hoover. Revolutions Since. Washington—About three years ago Herbert Hoover awl 30 or 4G more of us returned on a battle ship. singing hosannas following our discovery of Latin America os a Land of Promise. This writer, unfortunately, does not recall dissenting from the gen oral report winch, pictured thos* republics as the chief expandin'? market for our exports. Or, ter worse, from the implication that, it one hud surplus money for invest ment. here was the chance to get in on the ground floor in a boom ing. blooming continent. There were things to impress us. For instance: Large program fo: good roads and other public works were everywhere visible. Our sup posedly sound, hard-headed Inter national bankers in New York were loaning hundreds of millions with seemingly serene confidence. Amer ican manufactures were being ad vertised and sold on every hand Our commerce and state depart ments had supplied us with spe cial, data demonstrating Latin Amerlcan progress. And the various governments, even though some MONDAY TUESDAY CAROLINA nut \ FRIENDLY WARNING It job have a weak haart *nd cannot stand tnten,« excitamant or evan shock, »a adrtsa you NOT to sae this production If. on tha cor. - ;rary, you like an unusual thrill, you will find, it tn ••FRANK UNISTMN— >£3 We Do Not Recommend This For Children. were iron-nan aea aictatorsnip jeetned stable enough for complat ’ncy. But now look at the darned thing Exports Lose. Latin America has had an epr demic of revolutions, has defaulted on bonds to the tune of $315,000, 1)00. and has been in bad shftpe since prices of her exportable com modity prices began dropping by from 50 to 80 per cent. Meanwhile, American exports te South America in 1931 were about j 70 per cent less in value than there, of 1929. Latin America, as a Land ol j Promise, hasn’t quite dellcvered the 1 goods. Of course, when Hoover and the rest of ills party went their! late in 1928 no one foresaw tHt world-wide depression. And to Hoo- \ ver’s credit it should be recalled j that at Santiago lie jolted some^ folks by warning that America*! loans should be restricted only to enterprises of u constructive na ture. It has been revealed tier American financiers weren't fussy as Hoover v.a . Also, it Is rather painful to r - j late, government or ex-government experts have told a senate comma- i tee that commerce and state r!< - partment officials insisted on op-j tlmistic reports concerning t’ r: Held for loans in some South j American countries despite autho’d-1 tatlve warnings, that the banker.- ] "rigged the market" In advance .1 such loans and that bribery was used in the flotation of at least o*v large international loan. Sucker Flay. It begins to appear that this country, by design or not, was play ed for a sucker in Latin America <u well as in Europe. While our ex ports down there were increasing by hundreds of millions of dollars our loans were increasing by simi lar leaps and we were, in effect paying for the exports which those countries were consuming. Now, as result of the International crash, investors are holding the bag. AboT, 60 issues in Latin America are hi default, including several govern ment leans, and there is danger of further defaults. Lai in-American long term bond issues have virtual ly discontinued on the New Yorx market and the senate committee was told that in two or three years Investors would be glad to settle on at least some of the issues for five and ten cents on the dollar. The situation seems to be an alogous to our Investment predica ment in Europe, except that while extension of the Hoover morato rium is supposed to have saved Germany and Central Europe from financial collapse, no such aid was given the South American repub lics. It is generally agreed tha. post-vvur Germany was enabled to pay her reparations only through post-war borrowing, largely from this country, and that reparation-; provided the war debt payments t this country. The thought that v ; have been botii paying off Europe’s debts to us and that we must also pay for the goods otlirr n:tici:,r' have bought and consumed seen: slightly disconcerting. Penders THE BETTER CHAIN — 2 STORES — N. LaFAYETTE STREET AND SOUTH WASHINGTON STREET PRUNES - 50-60 Size 4 Pounds .. Early June Peas, Taxicab Brand, can 10c PRUNES-80-90 Size S Pounds . Libby’s Golden Bantam Corn - 2 cans 25c EVAPORATED APRICOTS - Pound. 21c Standard Corn - 3 Cans . 25c EVAPORATED PEACHES — Pound ... m2c Phillips Prepared Pinto Beans - can .. 5c Honeydew Pure Fruit Preserves - 2 pound Jar 23c Websters New Irish Potatoes - can . 10c White House Apple Butter - 38-oz. Jar . 19c NAVY BEANS - Pound. 5c * D. P. COFFEE - The World’s Best Drink - Pound .. 1 * 29c California Baby Limas - special - lb. 5c Yellow Front - A Pure Santos Coffee - Pound Great Northern BEANS - Pound . 5c RICHER RIO COFFEE - 2 Pounds FLOUR - Circle Brand - 24-lb. bag . 55c MARCO MUSTARD — Quart Jar .... 12c Sliced BACON - Select - Pound.24c Gold Medal Salad Di-ossing - Pint Jar 17c BEST PURE LARD - 3 Pounds.25c ROCKWOOD COCOA - 2 Pound Can PHILLIPS STRING BEANS - 3 Cans .... SUGAR - 10 Pound Bag.48c 25 Pound Bag .. .. $1.19 100 Pound Bag.$4.75 White Potatoes - Extra Nice - 10 lbs. 19c KEROSENE - Gallon. . 13c Your Bank Can Help You Business systems today require a good bank ing connection. The bank leads the way, clears the obstacles and safeguards those who look to it for counsel. Whatever the size oi" your business, you will benefit enormously from affiliation with a good batik. You will gain prestige. You will enjoy the numerous services and conveniences that only banking officers can give. — WE INVITE YOUR ACCOUNT — UNION TRUST CO. * “MAKE 1932 YOUR SAVING YEAR” Concentration of EFFORT Any greatness Shelby and Cleve land County have achieved has been brought about by unity and co-oper ation, with everybody working to gether for the common good. This year the town and county need to maintain the" spirit of unification more than ever, using that spirit to keep everybody encouraged, stimu lated to energy and cheerfulness, , even in the face of adverse circum stances. We need unity of purpose to main tain our high standards in agricul ture and manufacturing, keeping from our ranks any spirit of dissatis faction that may be brought in by outsiders and agitators. Purposeful determination to live thriftily and within our incomes should be our aim this new year. We need unity of interests with every man, woman and child taking honest pride in his town and county, in our enterprises, our agriculture, homes, churches, schools and banks. Let us realize it is the individual’s efforts that count—our own—and not the other fellow’s. This bank goes forward this year with all its man power and resourc es working to this end. We want you to work with us. First National Bank SHELBY, N. C,
Shelby Daily Star (Shelby, N.C.)
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Jan. 22, 1932, edition 1
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