Newspapers / The Perquimans Weekly (Hertford, … / May 30, 1947, edition 1 / Page 3
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4 1 i ii 1 ; a. ii b THE PERQUIMANS WEEKLY, HERTFORD, N. C FRIDAY. MAY 30. 1947. ' 1 'j0,u jl 1 Defenses Must Be Ready '.'''If 'Lrur3Jjj-'wJi-: . :. Befpre Next War Begin Says Pete tad Prosperity ' Depend on World Recovery Dean' Acheson, retiring Under Secretary Qt State, says there will 1e no lasting .peace or prosperity until the world has recovered, in an economic sense. He proposes that this country take a larger volume of imoorts to increase inrernntinna trade and extend assistance .to for eign purcnases Dy emergency financ ing. Almost every American knows, by this time, that the United States has acquired possession of most of the world's gold supply. Elementary economics teaches us that trade is, at bottom, a system- of barter. The United States will not profit by bar tering its products on credit terim. but it is conceivable that we will in crease .our well-being by swapping some of our goods for some of the goods of the other peoples world countries and tfatfictp)$o?in slavery These are serious charges and if the evidence suDDorta the allpiraH nna tne officials of this great chemical .concern are. without dnuht. o-i.i'it,, - ' - ' n j as the political leaders in Germany. There is another phase of the ac tivities of the German industry that deserves additional invpaHo-ot; The United States charges that cartel agreements with more than two thousand industrial concerns in var ious countries, including the United States, were more than an effort to divide markets, extend information ana prevent competition. The cart el plan, it is alleged, was a nart nf a plan to prevent scientific nrotrrpss outside Germany and was more pro 1 ... .1 . . . ntaoie to the Nazis because the Far- ben organization is charged with keeping secrets that it acrppri to of the ' share with its partners. Mergers Make Monopolies, It is hoped that public obinion in Tronri T va;at 1 I7? T!":.'1 The Federal Trade Commission gent trade policy. Certainly, it is which is con8tantly fi,htin foLTrf mtereSt tt'.eXten? HT combinations that to VnS loans to foreign countries for the markets and prices, deserves the purpose of permuting them to buy ' ort of the . " American goods. Such a process means shipping goods and products on credit, which means, in turn, get ting nothing for them until and un- 1 . 1 1 v jess me loans are repaid A reasonable of the conditions of world finance, is that it is doubtful whether to ex tend much credit to other nations. Either we should determine not to export our products, or else follow a policy which will encourage other ; nations to produce, thus adding to vne pool or international commerce and, at the same time, permitting vwer peoples to swap goods with us. Farben Men Face Trial For Part In War Plans The United States has filed char ges in Nuremberg against twenty four top officials of the I. G. Farben industrie, once the most powerful chemical combine in the world. It should be pointed out in the beginning that the Farben resources added power to the Nazi war mach ine, just as our industries added to our strength, but that th imiitman is not based upon the contribution but upon the charge that the Farben officials did these thinsrs as Dart of r a conspiracy to wage aggressive war- 1 fare UDon mankind tTh- IT nitJ t'..t 1 ,, .... " "."leu uwies cuarges mat mm I planning, for aggressive warfare in- 1 1 1 1 1 1 .Hi RVBramariA i " BL wviueti ana ei- forts fl weaken the United States, to plunder and despoil cnecked, the increased merger of corporations will lead to a concen tration of control over products. Commissioner Robert H. Freer says that the Clayton Anti-trust Laws should be amended to Drevpnt ac quisition of assets of competing cor porations, where the merger would tend to create a monoDoIv Hp thinks that the present high price icvei can De attributed, in part, to the control of industry in relativplv few hands. It is perfectly obvious, from past history, that the merger of small business enterpiises into a semi- large enterprise is followed, evpnt.nal ly by an effort to merirn the surviv ing companies into one great busi ness combination. From the stand. point of profits, there -is much t.n hp said for monopoly control of markets, out irom the viewpoint of the con sumer, there is much to be said against it. We are in favor of the private en terprise svstem. as nrnfHcpd in th - ' ill IIU. United States. Drovided abuses can be prevented rWainhr if a few individuals acouirp nhaninto' control of a product, which the pub lic must buy, they haye a power that is adverse to the public interest. In such a case, there can ho nn Ml,'. to the public except for the. ment to come in with Drine-fivimr wim sucn controls as will effectively The importance of air power in warfare should not need ' argument. The vital necessity of keeping- this country prepared in the air should not need elaboration. Time is involved in the develop ment of new aircraft and it is well to realize that not a single military plane, which saw combat in the war, was designed during the war. This emphasizes the importance of kpen- ing up with the design and produc tion of aircraft. Last year, the Air Coordinating Committee, after a careful stndv said that the United States should procure not less than 3,000 military planes annually if the world's peace was settled, but not less than 5.180 aircraft if settlement of thP npapp was postponed. In the year that has passed, the procurement was onlv 1.330 militarv aircran of all types. It will be a sad day for the United States if the nation becomes involved in war without adequate and thoroua-h pre paration for warfare in the air. There will be no time, when the bombs be gin to drop, to plan and construct the airplanes that will be to tne security of the country. Would Give All. Income Tax Equality Senator J. William Fulbright', of Arkansas, urges Congress to permit income-splitting by couples. He says that Arkansas is losing numerous wealthy residents to three borderine- . . .... 0 states which have communitv nm perty laws. Under the communitv oronertv law, a husband and wifp aw nurmli ted to split their incomes for tax nur poses, regardless of who earns it. He- cause the income tax goes up sharp ly with increased incomes, the split- income return otters quite a saving in reaeral income taxes. The cost of the amendment to the tax laws, in collections to the Gov ernment, is estimated at $1,000,00(1. wv annual v. Simnlp iuaH-o ;t seems to us. reauires thp Fpdpm Government to levy income taxes that oear equally upon husbands and wives in all the States. Tn not tHp amendment into effect would not penalize the couples which live in the States which recosrnize thp mm. munity property law, but it would put couples in other States upon a parity with them for income tax pur poses. Must Aid Western hurting To Block Communist Wave PAGE THREE , ,,, suul tuiiu-uis as win enectivelj occupied I regulate the conduct of the business. Y0U3 HOME, TOUR SAVINGSL Toua eAemngs fob YEARS TO COME BODE WITH YOU Haft tt nam wr TuttOTtiff- aatonoUU bra protection to a moi-tty. Without fan protection, on tamoblU aeddant may tote CTwrthiag yon own and Tow comings fc ytcu Is oomo. Don't toko a chanco tnmm today with a taQ-coTorago" policy pifomd by thm Fan Buraan Mutual AatoawbO lamranc Company. Jfu tno conondeal way topnmsA l"inir,Tl l$os Fflf compUto Woonattea, csS , CIIARIJE VAKN, Agent Phone 2046 Hertford, N. C. w a- so to mm m mam Besrinnincr June i w will mnl miiir aLt. z Arv m Hertford diiriTitr tliA rrSnfm'nn- ino I This service will be continued hot svier5months in an effort to get away ii wii w,was ax vm cAcesaive near. I Customers are reouesfpd tn nio omfxr Z nnttlfiS Oil T)nrfhPS for mnvninrr Aal VlSuper -ftntonliurdle ailLK DISTRIBUTORS Responsible newspaper reporters in Washington report apprehension in high quarters about the possibility 01 an economic collapse in Western Europe. The feeling has become general in omcial circles that the best way to oiock tne expansion of Communism is to create stable economir nnH on cial environments in Western Europe. This explains the tendency of respon sible officials to discuss food and fuel problems and the i duction in connection with the prob lems now confronting the demo cratic nations of Europe. Recently. Mr. John Fnator n,,iu who is generally considered a Rep ublican liaison man in connection with our foreisrn nnllcv nniniui ..f that if we can help "pump vitality into Western Europe that will bring about competent administration else where" and that we will achieve, "by force of example", what we could not achieve by persuasion at Mos cow. To "pump vitality" into the area means to eet Western Qm; UtHIV.iaVil, fciurope on its feet inHnot I.U.. 1 , , a.iu mus Duna up a un t a Ip to tr with this country and block commun ist expansion. Soviet Offers Exchange Of Experts With U. S. The Soviet Union his n.-,. - " f ' vpuocu IV exchange five meteorologists with the United States ani. , . v nic kjLatc fepartment has Acpnti th we may be on the verge" of a cultural' exchange program that will embrace workers in other fields. Ub to thin time Un...,,, L , v-, wf,.uw una not snown any interest, in an offer of the United States, made fP the reciprocal exchange of juuy scnoiars. ihe suggested activ ities included utmiuimir ,j.-.- cftemfctry, botany, music and history. The exchange of physicists was not PrDDOSed. Whether hv Jl,l 1... ' ' ' "J WCUCIAbV OIll- Ission or not. There is certninlv snn.. n A 1 - - j ou'hd auvMiiLiie bound to accrue to each connection with an exchange of Scientists. rIf 1,000 Russian- MM study in the Uniw St.f j 1 AAA . - vm vnwreo ailU XfWV iiericans stuay m Russia, the pro bability is that the people of the two countries would underntnnH ant m. pect each other much better. How ler, it takes two nations to make such an exchange. Races Scheduled At E. City On June 7th Elizabeth Citv'a Rf.L 1?: a. , - AdUX AO" ociation will atege its first racing 1.4.1 t eason on Saturday Webster, race eecretaify, who an nonnced tha naitrlKn: 1 1. ,j hold races every Saturday night throughout the summer months. , The first maetin ' k -a. day siTaJr ,with race scheduled for J one 7 and Snndav. Jnn. s tk o.. Neerro 4-H Cluh Girl Sells Purebred Jersey The 4-H Club project of Mary Lee Dunegan, a twelve-vear-olH Necrn 1 girl of Raleigh, Route 6, and a mem ber of the Rocky Knoll school 4-H Club in Durham County, has added n.ucn 10 tne welfare of the rural community in which she lives. With the cooperation of her father, Mary Lee bouo-ht a ro;t..j r - --0--" fti.Tin cu jersey heifer for her 4-H IdAC t '""''-' "Ji 146, from a well known breeder. A 8hort tirrlB nffo- H, u , -v, uic ncuur was DOUght, It was pntord Jr, v, c:. Negro Junior State Dairy Show and """raea second place, according to J. C. Hubbard Moo- ... L of the State Colletre Extpninn s, vice. v"" Take a fresh f SlMl outlook on life .. . pMv't drink an icy-cold kW ':m bottle of OTW'f I BUBBLE UP CflKl thirst -satisfying. vJ! Up The heifer droDDnd a hi ill rnf early in August, and in September JUf I .. .. ee enterea Doth animals in I the second Negro Jflnior Dairy Show, where the heifer Was flp-nin ararfl..l secona place and the calf, which wr.s only three weeks old, won. first place in an unclassified group of male ani mals. Dunne- the neiter won second place in the Dur ham County Dairy Show. Mary Lee sold her male calf early in amy ot tnis vear tn tho Ml,i ana farmers Bank for sixty dollars, and the calf is to remain in the com munity for farmers to use in build ing better quality dairy cows. ATHLETES FOOT ITCH NOT HARD i KILL IN ONE HOUR If not nlPASfH VAiir QK knn1. x drug store. TE-OL, a STRONG fun gicide, contains PENETRATES, germs to KILL ROBERSON'S. 90 alcohol. IT Reaches MORE the itch. Today at The younsr bull was worth much more than was received for it, Agent Hubbard said, but Mary Lee and her father wanted to keep it in their home community. ottcclx Don't Suffer Another Minute Are you tormented with itching of ec zema, psoriasis, rashes, athletes foot, sunburn, eruptions, rectal itching, rough hands or face or other skin troubles? For quick relief and good icsuils use victory uintment. Devel oped for the boys in the services, now wnerea to tnp in ks hack hnmo win. greaseless antisentic. n lievinir. vanishino- Dnoc ,.t ;...-,'... oafe for chilrlrpn am) E";rD(. A ;j Money back guarantee. A war de velopment, not a substitute. Get VICTORY OINTMENT th Jars or tubes. Sold In Hertford By ROBERSON'S fialf-prico sale! eoioflis Jkf 'Sj V I 1 PHILLIPS BROS. BOTTLING CO. HERTFORD. N. C. large bottle now only plus tax Exhilarating, deeply-scented colognes for luxurious refreshment morning, noon and night. Three new scents Moonvine Bouquet, Summer Lilao Bouquet, Floral Spice In handsome bottles that make perfect gift. Get several now and save halfl Hertford, N. C. "Til. m 1 - 1 if n dzzlzt Iinoivs yppr best! 41 racing will be held durinfthe A Mr
The Perquimans Weekly (Hertford, N.C.)
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May 30, 1947, edition 1
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