North Carolina Newspapers

msm 4fi ^ h AY'S THOUGHT “Worry ig interest paid •6n trouble before it be comes due."—Dean Inge. The Alleghany Times DEVOTED TO THE CIVIC. ECONOMIC AND SOCIAL DEVELOPMENT OF ALLEGHANY COUNTY Volume 11. GALAX, VA. (Published for Sparta, N. C.) THURSDAY, JULY 9, 1936. EIGHT PAGES Number 5S FEDERAL DEFICITS The first Federal deficit of the depression era was recorded in the fiscal year 1931 and each year since that time has seen the Gov ernment spending more than its income. Altogether the deficit has amounted to almost $18,000, 000,000. At first, as the depres sion made itself felt, an effort was made to cut down expenses but this proved impossible as income dwindled. In 1932, the Govern ment went to the rescue of banks, drawing heavily on its credit and the following years have seen the trend continue until, with the payment of the bonus this year, the deficit is estimated at 5.4 bil lion dollars. Beginning in 1931, with $462,000,000, the figure jumped to 2.7 billions in 1932, 2.6 in 1933, 3.6 in 1934, 3.0 in 1935 and the 5.4 for the year just ended. Previous to these annual defi cits, the Federal Government ex pended around four and a half billion dollars but as the nation suffered in the grip of a worldj wide stagnation, Federal income dropped to around two billion dollars in 1933. In 1934 .receipts were around three billions and in 1935 the Government’s income was nearly four billions. For the year 1936 the income was about four billion dollars and this year the Treasury expects its income to be more than five billion dol lars. Howdver, expenditures con tinue to rise as the Government assumes bilit: THE FUTURE OUTLOOK The outlook for the future en visages a record-breaking surge of revenue if there is continued bus iness recovery and the prospect of achieving a balanced budget if the business recovery takes off the Government a great part of the burden of relief. Of course, the budget can be, balanced by a rigorous purge of expenditures. The Democratic platform speaks of a “balanced budget” at “the earliest possible momenf” and ties the declaration with advancing ex penditures. The Republican plat form “not ]>>' cutting and immediately.” Cooperative associations to buy and sell for members are a major factor in the economic life, of Great Britain, Sweden, Czechoslo vakia and France. Accordingly the President has dispatched three investigators to these countries, and others, to survey their work with a special study of the rela tionship of these organizations to government. DEPRESSION VANISHING There are those, who hold that the depression is vanishing and they point to signs that have weight. For four months the num ber of new jobs has increased, aggregating 88,000 in May ac cording to the Labor Department. In a year the totat gain has been 650,000, which does not include all occupations. Work relief rolls, it is noted, have been reduced a fourth in the past four months so that now the government’s work program employs 700,000 less persons than in January. In addition, profits earned by busi ness are running well ahead of test year according to reports ' from business and corporate sources. » a balanced budget DEMOCRATIC PLATFORM The Democratic platform, as adopted, is an emphatic endorse ment of the New Deal with a straight declaration that if legis lation cannot be . framed . within the Constitution to adequately regulate commerce, protect pub lic health and safety and safe guard economic security a clarify ing amendment will he sought. T}xt argument is that 48 States, with their legislatures and^ma chinery, cannot handle- problems arising from droughts, dust storms, wages and hours, monopo listic practices, etc. / On currency, the party seeks a sound currency stabilised to pre vent wide fluctuations, declares the dollar the soundest coin in the world, government credit high er than in years, deflation stopped and values restored. In foreign affairs the Democrats preach the “good neighbor" policy, oppose war, favor neutrality, a strong defense and taking the profit out of war. The farm plank boasts of what has been done in taking the farm er off the road to ruin, mentions conservation, the fight against rural electrification, and continued farm bounties ontinued on page 5) Doughton Speaks At Independence Day Celebration Address Of Alleghany Congressman Is Feature Of Colorful Program At Statesville Friday' SPEECH IS PATRIOTIC Hearers Are Urged To Stand By The Principles On Which The Fathers Founded Our Government Congressman Robert L. Dough ton. of Alleghany county, was the principal speaker in a colorful independence Day celebration Triday at Statesville. Thousands of people were pres ent to join Statesville in the cele bration. The Alleghany congressman de livered, from the speakers’ stand on West Broad street, an inspiring patriotic address in which he urg ed his hearers to stand by the principles on which the fathers founded our government. Among those making short ad dresses were Dr. W. S. Long, president of the North Carolina Firemen's Association, Sherwood Brockwell, state Sre marshall, and Mayor Ben Douglass, of Char lotte. The streets of Statesville were in gala attire for the event. The Davidson college band, the Kan napolis band, the Salvation Army band and Dr. Turner’s Statesville band furnished music for the day. Highway patrolmen and members of fire and police de partments from various cities and numerous distinguished visitors participated in the parade and in the exercises of the day. Among the cities represented were Char lotte, Asheville, Salisbury, Gas iftir • and i Mooresviile. The fire team races and the bathing beauty contest came in the afternoon. The horse show wae called off on account of b, downpour of rain. The fire works display at 8:45 and the" Country Club dance at 9:30 Friday marked the close of the program. Rockefeller Passes 97th Birthday Tues. Lakewood, N. J., July 7.—John D. Rockefeller’s Swedish cook baked tonight a large cake on which were placed 97 small cand les in honor of her employer’s birthday tomorrow. The cake was big because the mdh who turned oil into millions of dollars planned to share it with the staff of his Lakewood estate golf house. That, however, will be as far as the servants will share in the birthday observance unless they chance to meet Rockefeller in the halls of the mansion. STORMS IN NETHERLANDS Amsterdam, July 7.—Five per sona urere killed today in heavy thunderstorms throughout the Netherlands. Amsterdam had one of the heaviest rainfalls on recard. “Gray Granny” Is Mother Of Her 2nd Colt At Age Of 25 Persons who were interested in reading the account of “Old Gray Granny,” or “Byrd,” mare owned by Mrs. Jincy I. Osborne, becoming a mother of her first colt at the age of 24, will probably be interested to know that she has now be come the mother of another colt at 26. The story of the first colt’s birth was published last year In THE TIMES. “ ‘Gray Granny’ has 25 years of credit how," it was said of her recently, “has been working hard for the past year and is now the mother of her second colt, which is a fine lit tle black horse. “The owner, though 70 years of age, is very proud of ‘Gray Granny’ and her two colts and still steps sprightly. I suppose she will soon be getting down her feathers to dust the old side saddle to take another ride this ‘V *•: v-j Galax Livestock Market Auction Largely Attended At the weekly livestock auction sale held at Galax Monday in Felts park by the Galax Live stock market, prices were paid as follows for the stock on hand: top heifers, $5.00 to $5.75; cows, $3.50 to $5.00; work oxen, $4.50 to $5.00; bulls, $4.50 to $5.00; top calves, $7.95; medium calves, $6.60 to $7.45; lambs, $9.50 to $9.65: ewes, $3.00 to ’$4.00; rams, $3.00 to $4.00; stock ewes, $7.00 to $8.00, and hogs, $10.95. A large number of twin coun ties farmers and stock raisers were present. There was plenty of stock on hand and plenty of buyers were present. Roosevelt Heard At Monticello On Independence Day Calls For Maintenance Of True Freedom. Glass Introduces Executive At Home Of Jefferson Monticello, Va., July 7.—A re newal of the founding fathers’ bat tle for “true freedom” on the part of the nation was called for here Saturday by President Franklin D, Roosevelt in his Fourth of July address at the portico of Thomas Jefferson’s mountain home. The president's Independence Day address rang with the praises of Jefferson as a “great gentle man” and a “great commoner” who was not satisfied with “things as they were” but concentrated on “things as they ought to be.” Sprinkling eulogies of Jefferson liberally through his address, the president firmly voiced a con fidence that the spirit of Jeffer son was not that of “a golden age gone .now and. never to be repeated in diir history.” “Our problems of 1936,” he said, “cad as greatly for the con tinuation of imagination and energy and capacity for respon sibility as did the age of Thomas Jefferson and his fellows. As he spoke, the President stood among a bodyguard of troopers in uniforms of colonial days. He gezed from the portico of Monti cello, out across the dips and valleys of the mountainous Vir ginia countryside. Assembled ther» with him were Mrs. Roose velt, Secretary Ickes, Postmaster General Farley, Governor Peery, of Virginia, and other officiate. Mr. Roosevelt was introduced by a man who not infrequently has been a critic of new deal of this and succeeding generations of Americans, saw the 180,000 (continued on page 5) Roosevelt Sets Up Program For Drought Relief Washington, July 7.—A drought relief program was set in motion today by President Roosevelt that is designed to provide incomes for 170,000 distressed families, feed live stock and change the econ omy of the “dust bowl.” He Amed himself the nation’s No. 1 inspector to check person ally next month on progress of his plans. Flanked at a press conference by administration executives in terested in drought relief, the President said families in tbe parched area would receive aid through work relief projects and subsistence loans and grants. Gov. erament loans, he said, will be made to small cattle feeders to save their foundation herds. The new plans, he disclosed, contemplate adjustment of farm ers to the new enterprises which will not depopulate the affected region, but which will alter the economy of the blighted district and halt the need of direct fed eral relief, which he estimates totaled $800,000,000 during the last three years. Earlier, the drought committee the Agriculture Department 'emergency drought North and South Da _ and Wyoming relief bperations will be Nominated For Governor On July 4 4 Clyde R. H'dey (above), “silver tongued” orator of Shelby, who was nominated ic.v governor of North Carolina in the Democratic run-oif primary held on Saturday, July 4. He defeated Dr. Ralph W. McDonald, Winston-Salem, anti-sales tax candidate. Borah Pledges Supprt Ts%ie G. 0. P. Ticket Has No Intention Of Bolting, He Says In Statement Issued Mon Landon “Happy” At News Boise, Idaho, July 6.—Allegi ance to the Republican ticket was pledged today by Senator William E. Borah, about whose intentions regarding the presidential cam paign there had been a shadow of doubt since the Cleveland con vention. “I have no intention of bolting the ticket,” said the veteran Re publican, adding: “I am supporting the platform and I have been supporting the platform from the beginning.” Thus, in a long-awaited clari fication, Borah removed the ex pressed doubts of many leaders from Boise to Washington re garding his stand in the cam paign. At Topeka, Kans., the Republi can presidential nominee, Gover nor Alf M. Landon, said: “I am happy to have the co-operation of Senator Borah in this campaign.” Borah still withheld definite an nouncement of his intentions re garding seeking a sixth term— but he did not deny a friend’s flat statement he will run again. The friend, W. Scott Hall, of Malad, Idaho, a follower of the “Lion of Idaho,” for 26 yean, said after a conference: “I am convinced Senator Borah will be a candidate for re-elec tion.” “■STILL” IS DESTROYED BY OFFICERS TUBS. MORNING Leonard Roup, J. T. Jones and A. R. Williams, Federal Pro hibition agents, and Deputy Sheriff Vann Miller destroyed a 60-gal lon copper “still” near Laurel Springs Tuesday morning of this week. About 460 gallons of mash were poured out. No prisoners were taken, as the still was not in operation at tiie time of the raid. HELL IS HOT! Howell, Mich., July 7.—Hun dred-degree temperature roasted the little community of Hell, in southern Livingston county today. The hot weather lifted the mer cury to a point 108 degrees above that of last January when Hell “frose over” in one of Michigan’s coldest winters. President Speaks j At Dedication Of Shenandoah Park Big Meadows, Va., Mecca For Thousands Friday. Roosevelt Given Warm ■Reception In Virginia Big Meadows, Va., July 7.—First a dream and later the goal of many prominent and patriotic Vir ginians, Shenandoah National park took its place Friday among the nation’s great recreational areas, inviolate for all time to the lumberman’s axe and the destructiveness of commercialism. President Roosevelt, dedicating it for “reaction and re-creation” (continued on page eight) HOLC Beneficial To Home Owners In Alleghany More than $3,000,000,000 has been loaned to more than a mil lion distressed home owners in the United States since June, 1933 by the Home Owners’ Loan cor poration. Of that amount $31, 394,471.12 has been loaned in North Carolina to approximately 12,500 home owners. Of the total amount loaned in North Carolina $4,452.45 has been loaned to 2 distressed home own ers in Alleghany county. Under the Home Loan Act a fifteen-year loan at five percent was granted distressed home own ers while the holders of their de faulted mortgages received HOLC bonds hacked by the Federal Treasury. The work of the Home Owners’ Loan corporation has shifted from "lending" to “collecting” and the job is far from being completed, but the State Manager of this agency reports that there has been no foreclosures out of the 2 loans made in Alleghany county. • There have been some defaults by home owners in every part of the country and foreclosures have been started. However, officials state that collections have been unusually good over the entire country and that the percentage of delinquent accounts is rela tively small. The defaults, they added, are comparatively few and chiefly by “misguided” persons. Only 111 foreclosures have been made on HOLC loans in North Carolina as of June 30, 1936. Alleghany Gives McDonald Majority In July 4 Voting Democratic voters of Alle ghany county went to the polls July 4 and gave Dr. Ralph W. McDonald, Winston-Salem, a majority in this county for the party’s nomination for gover nor. Clyde R. Hoey, Shelby, the successful candidate, received 1,031 votes in Alleghany to McDonald’s 1,067. Farley To Take Leave Of Absence From Cabmet Post Will Devote All Of His Time In Effort To Bring About Reelection Of His Chief In November Washington, July 7. — An nouncement was made today by President Roosevelt that Postmas ter General Farley will take a leave of absence from his cabinet post, beginning August 1, and de vote all of his time to the new deal election campaign until after the voting in November. First Assistant Postmaster Gen eral William E. Howes, of South Carolina will act as head of the department during Farley’s ab sence. Farley, who had a two-hour luncheon conference with his chief yesterday, was not ready tonight to talk of his campaign plans. He will discuss the election drive at a press conference soon, prob ably tomorrow morning. Mr. Roosevelt told of Farley’s campaign status at his press con ference. He referred to the Democratic national chairman as “Jim,”, adding that it went with out laying that Farley would not receive pay during the pgriod of his absence. The reason the genial postmas ter general is delaying his depart ure from the cabinet until August 1 is that he wants to clear up the department’s profit-and-loss state ment for the fiscal year which ended June 30, Mr. Roosevelt said. The President was indefinite as to exactly when Farley will re sume his duties, saying merely that it would be some time after the election. Under this arrangement Farley apparently has not yet been forc ed to bow to President Roosevelt’s order two years ago that national committee, who held government jobs or who practiced law before government departments would have to divorce themselves from one or the other of the jobs. Presumably the campaign man ager will be able to step back into the cabinet after the elec tion. Seeks Acceptance Of N. C. Social Security Measure Raleigh, July 7.—G. R. Parker, regional director of the social security board, was asked today by Governor J. C. B. Ehringhaus to use his influence to persuade the board it should reverse its unfavorable decision on the state’s unemployment insurance law. Following a “very satisfactory conference” with Parker, the Governor said he still is convinc ed the Cherry act—North Caro lina’s unemployment insurance law—complies adequately with the requirements of the federal social security act. Even if the board declines to reverse its decision on the Cherry act, the Governor said, he still would not call a special session of the General Assembly to con sider social security legislation. “I don’t think North Carolina will lose approximately $2,000. 000 through failure to take part in the unemployment insurance program,” he said. “I feel cer tain Congress will amend the un employment insurance law so we will get back the The $2,000,000 is (continued on page i Hoey Is Nominated Sat For Governor Of North Carolina | Shelby’s “Silver Tongued” Orator Leads McDonald By 53,000 Votes In Run Off Primary Held July 4 | EHRINGHAUS PLEASED W. P. Horton, Chatham County Legislator, Named Party’s Choice For Office ; Of Lieutenant Governor i BULLETIN Charlotte, July 7.—Complete return* from Saturday’* Demo- | cratic primary, compiled today, showed the following;: For 'governor: Clyde R. Hoey, '-i 266,813; Dr. Ralph W. McDonald^ | 212.879. Lieutenant-governor: W. P. j Horton, 217,652; Paul Grady, 3 206,773. Secretary of state: Thad Eure, f 233,751; Stacey Wade, 192,082. Clyde R. Hoey, of Shelby, - veteran party stalwart and one J of the South’s outstanding “silver- 1 tongued” orators, emerged from | North Carolina’s run-off guber- | natorial primary held Saturday—■ f July 4—the winner with a lead J of 53,000 votes over his 33-year 1 old opponent, Dr. Ralph W. Me- 1 Donald, of Winston-Salem, miK- ; tant sales tax repealist candidate, ’i Virtually complete unofficial | returns from the Independence 1 Day voting in the state revealed 3 these figures. Late and scattered returns to-1 night failed to change the sub-', stantial majority which Hoey piled up against the former college psychology professor. Returaaf from 1,798 of the state’s 1,858 j precincts gavd: Hoey 263,718; McDonald 210,264. The paramount issue jn the. j race was the state’s $10,000,000**1 year sales tax, which the 1933 : legislature enacted to relieve property taxation. Hoey contend ed repeal of the entire levy at this time would result in other . taxes which would drive industry from the state. McDonald charged that Hoey, a party campaigner for mo: than a quarter century, was candidate of a “machine” do: nated by Governor J. C Ehringhaus and former governi O. Max Gardner, Hoey’s in-law, and asked for a “rei of the government to the people! ThaS Bure, principal clerk the State House of Represei tives, won the nomination secretary of state over the ini bent, Stacey W. Wade, on face of unofficial returns 1,767 precincts. The was: Eure, 225,233; Wade; 11 256. Raleigh, July 4.—At mid (continued on page 5) The closest of the three state wide races to be decided in run-off primary was for lieuten ant governor. W. P. Horton Chatham county legislator. Paul Grady, another legish veteran, by about 6,000 vo with returns tabulated from 1,7 precincts. The vote was: Horton, 209,66 Grady, 203,248.