Newspapers / The Perquimans Weekly (Hertford, … / May 13, 1955, edition 1 / Page 3
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"frHE PERQUIMANS WEEKLY HERTFORD, NORTH CAROLINA, FRIDAY, MAY IS,' 1955, - PACE THREE 5 L:K2--.Y V-' Washington -- I voted with a clear conscience for 'the so-called Reciprocal Trade Agreements-Bill. - ! (Trade Bill Passed Vi When: this -Bill was passed by the Honae, T had serious midfeiv inKs in respect to some of the 'pro visions then incorporated in it, - In my judgment), these particular pro . visions - threatened; the .economic Welfare of the textile; and1 plywood " industries and the loss of the; 'jobs of thousands of ,!?drth : Crtrblihiais- ' employed in them. " ' ..: , For this reason,, I joined' 16oh er Senators in submitting: proposed : amendments' to the Senate Finance Committee;. These proposed amend ments wei'e designed, to remoVe'tie objectionable features ' from " the Reciprocal Trade Agreements Bill, ; and the , threat which they;' posed tn - the textile and plywood iiridus tries. y :.':':r-::J.-....i "vk, i . The importance of these indus- ; tries to the economic life of IJorth Carolina- tarinot e'exaggerated. The truth of this statement is well ; illustrated" by certain figures fela tive to the. textile' industry, .' i . Textiles Important ; Is " About one-half of all North Car olinians employed' in .manufactur-; , ing plants, namely 239,000 persons,: earn daily bread for themselves anS . their families .fti' textile plants ,lor cated in some 150 North Carotinb - -communities.. ' These textile plants manufacWre 2icr of aH.pie cotton grown in theUnited States, a -. The Senate Finance Committee adopted the amendments submitted and the Senate has now. incorporate , (id these amendments ift the Recip rocal' Trade Agreements- Bill. i These amendments riminimie . in larger measure the; dangers; to the textile and plywood industries aris ing ;out -of the objectionable fear lures originally hv this Bill. As a oonseguence, -I voted for the Re ciprocal Trade Agreements Bill. As I see- It.'the" Bill contaipsv suf ficient 'safeguards' for"-bur textile 4nd plywood ihdu&W ies'and" at the same time, is calculated to promote Our 'export trade in" cto tlbri, tobacco and other agricultural products.. Position Supported ;i ; The talk I . made in New York City regarding the failure of Presi dents to name experienced men to the United States Supreme Court has received almost universal sup port, if the mail-1 have received is any indication of it. I haVe-receiv ed only-three -letters against my position ' which. . is, the sjnallest amount-1 can recall on any. stand '. have talcen. . , . , ,. .' Senator ; Russell of Georgia ask ed and got permission, to have the speech placed in the Congressional Record... .. . 'While; I do not wish; to appear immodest about the talk, I am cheered by the overwhelming re sponse across the Nation from peo ple Ih all walks of life .who deplore the habit in recent years by Presi dents oi. appointing chronic poli ticians to the highest Court in the land. I am al3o thankful for the editorial support in the North Car- dustry have made an increasing .'cdh'frlbutto'n' to : ft' number f these personal security funds. .The ' biggest single source ' of benefits flowing to the people un der all personal protection pro' grama is the life insurance com panies. Total benefits paid by the life Companies under life Insurance and annuity contracts, and includ ing accident and health policies, added up to more than $5 billions in 1953,. and have since crossed the $6 billion mark. .-Owned as it is, by four 5 out of. every - five ' families', life Insurance is the most widely held form, of. personal thrift. ' Highlighting the growth of per sonal protection programs jVer the last decade and a half have been spectacular increases in accident and sickness coverage and in re tirenen.t plans. , ., ' ; ' ' 1 . .' ' ,a!rewth of Health Insurance '.. By today's standards, both were little more than embryonic as re cently as the beginning of World War II, . Today around 100 mil lion persons have hospital expense coverage, some 80 million are pro tected against costs of operations, and over 40 million have policies which help to. pay doctors' bills. These figures overlap In many cas es. In all, benefits under accident and health protection are now more than $2 billions a year, of which the life insurance companies are paying around half. Private,1 retirement, plans alone now eover more 'than lO.'.TOillion workers. - Pensions currently being paid to retired workers under.these plans are estimated . at around a half billion dollars a year. A sub- by me and . the other 18 Senators jolina press, 7 ............. - , , , People Are Now Receiving $11 Billions Year From Wide Personal Protection Program The American : people nave! built. country' in recent years and the in upa farAching, system-of. pro'c!asing number of old people in on a voluntary basis4 that is now) The system of personal protee yielding benefits of more than fllltion now in operation is far great- billions a year.' ; i r This is 'a "big sum flowing Into the income stream even by today's multi-billion standards, and is' he . equivalent, of close to; 5 cents of every dollar; of personal' "spend able Income. - Here is- one of the ; great stabilizing influences in fami ly security' and in American life. -t Breadth of Programs ' . The programs involved are de signed to- provide, the individual er than ever before,in scope and numbers covered ' as well as in henef its it is producing. Although it' has 'been building tip'overihany years some plans like life insur ance go back a century and more its growth has been particularly pronounced . over the last decade and a half.' Benefit payments under all per sonal security and protection pro grams, for example, added up to and his dependents with financial (little more than 4 billions in 1940. protection against the contingencies less than half of the present total, of life. Personal savings as suchj Furthermore, the coverage of the aye not included; nor are the gov-, various programs has been broad-ernment-sponsored programs of flo-'ened to the point where the great ' cial benefits backed by the taxi fig power where the benefits are not directly related to the individuals' contributions to these plans. "; One of the significant develop- ments under the voluntary person al protection programs is that-in recent years they have taken . into increasing account the factor (of human: obsolescence. This has been part of the pattern of growth of . security' 'programs : covering large ' groups . of - people such 'as group life and annuity contracts, etc. '! This ; trend, is ; oftj particular importance . In -v,iew; (jf the'yrapid . growth of. industrialisation -Jri' this majority of the population is cur rently protected by at least one- of the plans,, and tens of millions by two pr more. ; - - v. Tribute to Thrity It ' is significant to note that much of the, present over-all pro tection program is a product of in dividual thrift, It therefore 'rep resents a tribute to the persistence with -which the aveage person -has gone r about . accumulating a se curity cushion'1, of his own to pro tect himself' and : his1 ' dependents against " the economic j impact' of death, .disability jind I jetirement Over recent years, business and in- w.n,i,iiii.iri,i. -n-iili'r.lnnr'-r ------- - - - .w" ' LC3 POOLS, pulur radio stor of WBIG tayi "My wife hd$ t.'vwri used ffgfrf Kara for tookmg . end en the table it't c!:r!i Eldro firip.bifc!! rV c:! ::id 'cadi"- Yes.t;. you pour c t'iere's r-- fyin' Caver, i. j rli'i ;'l f of LLcuJ's (kjt'fs 'em 1 ICaro on your fo-' 'i mc ...it t 1 fry'' ' ! cults go like hot cakes when ly cf d heir' s dark'Karo... 3 ii r r c J eatlrj. atls- it t v? on top t aid C wiy). Keep corn e.J zit' sjantial part of these retirement benefits' are 'paid by! the life in surance companies ' under insured pension" plans which alone! now cover approximately ; 4 ' million workers. '''":' 'u'fuK' New Hope New Mr.' and Mrs. Billy WinsOow and children of Whiteston and Mr. an) Mrs, were dinner guests of Mr, andJMrs. S. T. Perry. on Sunday. ' ' i ".. ; : Mr. and Mrs, Julian White, MitfS Sue Whiterf Miss Billie Carole Div ers and Sandy Divers spent, Sun day with Mrs. Minnie. Perry.' I ; Mr. and. Mrs. Loiinie Boyce" Kdenton ;and ;Miss Faye Dail of Edenton and Roanoko Rapids, were dinner guests of Mr," arid, Mrs.' W. E. Dail on Sunday, , ; ; , ,-. , , Mrs. ' Elrtwn Banks has returned home' after spending two .' weeks visiting her Bon and daughter-in-law, Mr. and. Mr. Calvin Banks, of Pensacola, Fla. '' "v .; Mr. and Mrs. Oscar Hunter spent' Sunday in Norfolk, Va., visiting their son-in-law anil daughter, Mr. "and Mrs.' David Sawyer. ' ' - Mr. and Mrs. Ray Pritchard and family were Sunday guests of Mr. and Mrs. S. D. Banks. ! , V - Mrs. E. G, Cates of Raleigh spent the week-end with her mother, Mrs. J. W. Haskett. ' ' Mr. and Mrs.. Ronald Butt of Norfolk, Va;, and Mr. and Mrs. of i Steve Carpenter and children of Fairfax, Va., spent the week-end with their- parents, Mr. and Mrs. C. Arthur Butt., " ,, Mr. and Mrs. .Willie Small and famfly of WashingtoH, D.-C., were; FISH STOCKS PLACED ' A.i:. weekend '" guests? of Mr. 'Small's'! II PERQUIMANS RIVER ;; ' mother, Mrs:; Annie Small.- ' Hugh Robertson, County Came .Mr.' and Mrsi Edward Skinner Protectorreported today that the and family of Chocowinity spent State Wildlife Resources Commis Siinday With' Mrs. Skinner's par- sion had recently placed . 600,000 ents, Mr. and Mrs.' Harvey Butt. Rock fries,. from the Weldon.Hatch, eries, in the - waters ''oftheFe'?-. quimans River. " Xlke 1rt(mbr ' the fish were placed ih pthen. ' era in this area of the' state, Mr. Robertson said. ',-.'; TRY A WEEKLY CLASSIFIED, i i ininr nnnririnnriiiriAriWWWllM f 1 KITTY HAWK FISHING PIER KltTY HAWK, NORTH CAROLINA Now Open Blues, Trout," Mullets running MODERN SNACK BAR ADDED FOR YOUR 'CON VENIENCE '. . . SERVING EARLY BREAKFAST WITH SNACK SERVICE THROUGHOUT DAY. v BV ORDER OF THE PERQUIMANS COUNTY BDARO OF COUNTY COMMISSIONERS I will advertise for sale, on June 3, 1955, all Real Estate on which 1954 taxes have not been paid, and also will levy on all delinquent Personal Property Taxes. I will hold the sale of the Real Estate on Tuesday, July 5, 1955. Please make prompt settlement now and save yourself the additional cost of advertising. . K. WHITE SHERIFF OF PERQUIMANS COUNTY 4i ' 'm m Meet the successor the o Low Cab Forward) Chevrolet to 1 w ' 1 J ' L . w " . s ( ' - -I - r-f -" H?4iifL -1-'w"'" ntSrly ---I lL-k .. tey mmm V ' t. '"'i '1 Powered by the most modern V8 in any truck... Chevrolet's new Taskmaster V8 engine! rj Chevrolet great new L.C.F. models bring you & all the advantages of a C.O.E. plus a long list -of important new-advances you won't find any- . where else! . -: . v 1 i For example, the cab is a full seven inches $ i fi!fovtar than former C.O.E. models. And it has only two steps insteid if Che "usual three for C.O.E.'s. Just think of the time and effort this" a. somer by far than any C.O.E. ever built! What's more, in an L.C.F. you still get the easy ma - neuverability of a C.O.E.-plus sturdier frames, new suspensions and many more modern truck features.. . , Inside, the L.CP.'s new Flight-Ride cab has a level floor with plenty of "stretch-out" leg room and offers the same driver convenience you'll find in all new' Chevrolet' trucks. The wilTsave the driver everyime he gedi in n.ndV' i. i ..out of the cab! Also, the low L.C.F. is hand- .driver has a commanding view of the road .V,,', ,! . - J.J'yu " f ' . , A through the big, broad panoramic windshield. Quicker, simpler maintenance is another big advantage offered by Chevrolet's new L.C.F: models. Everything's easier to reach in the roomy engine compartment. , If you don't get the all-modern advantages offered by the, new Task-Force trucks, you're getting an old-fashioned truck and stand to lose money on the job and at trade-in time, too. Come see the most modern trucks of all! ; v , . Year after year, America's best selling truck!; H 1 1 we 11 'Ch evi:o le t Co Shortest Stroke V8 of AW The new . Taskmaster V8-tfie most modern V8 'f. your money can buy powers the new & L.C.F.! It has a 12-volt electrical sys- ' tenvf.rn''c the "steam" for starting!), f m p a m y ; :. . -HertfcrJ,tr;tjf til
The Perquimans Weekly (Hertford, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
May 13, 1955, edition 1
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