Newspaper Page Text
The Summerville News
SUMMERVILLE, GA.
Official Organ of Chattooga County.
O. J. ESPY, Editor-Manager, 1911-38
DAVID T. ESPY, Editor & Manager.
SUBSCRIPTION RATES:
One Year $1.50
Six Months 15
Three Months 50
Published Every Thursday by
THE NEWS PUBLISHING CO.
Entered at the Postoffice at Summerville, Ga.,
as Second-Class Mail Matter.
MONEY AND PROSPERITY.
Early this month there was in cir
culation in the United States $6,706,-
000,OCO of coin and currency. This
was the largest amount in the his
tory of this country, except for the
two weeks after the bank holidays of
March, 1933.
This seems like a great amount,
but it represents only about SSO for
each man, woman and child in the
nation.
While on the subject of money, we
call your attention to the estimate of
bankers that present excess reserves
could support a maximum expansion
of $17,000,000,000* in bank loans and
investments. It is pointed out that
excess reserves early this month
reached $3,280,000,000, the highest
level ever attained with the excep
tion of December, 1935, when the
banks of the nation were not requir
ed to maintain anything like the re
serve requirements now in force.
The fact that the banks of the
country can lend $17,000,000,000
sounds a little bit staggering until
one reflects that this represents less
than $l5O for each man, woman and
child in this country.
With these statistics in mind, it is
easy to see that prosperity does not
depend upon the money in circulation
or the ability of banks to lend money.
While these factors are important,
economic conditions depend also upon
the movement, or turn-over, of funds.
For example, a steam shovel might
be able to move a ton of soil in a sin
gle bite, but the amount of dirt that
it will move in an hour depends up
on the number of bites it takes. Mon
ey in circulation and excess reserves
represent the facilities of expanding
trade, but, like the steam shovel, the
amount of dirt that will be moved
depends upon the use of the facilities.
ABOUT SELLING AND BUYING.
The people in Summerville have
common sense.
It is a common practice for busi
ness men here to trade with those who
patronize them. This reciprocity is
considered a fair and just procedure.
The same idea is seen in many re
lationships. There is an appreciation
of the mutual benefits that both
parties receive. Moreover, occasion
ally, some citizen refuses to buy from
those who never buy from him, pre
ferring to give the business to others
who might buy.
This reasoning, it seems, does not
apply to the realm of international
trade. While the United States wants
to sell its products to people in
other nations there is no desire to
buy the products of other nations.
For example, in Great Britain the
other day Sir Granville Gibson, a
member of Parliament, complained
that while the United States sold
England products worth $570,000,-
000 in 1937 the people of the Unittd
States bought only $155,000,000
worth of British products. His view
was that trade between the two na
tions was good for both but that the
difference between the amounts
should he narrowed.
At this time when the interational
trade of the world is tending to fol
low the Germanic system of barter,
with all the restrictions that such a
plan entails, it is well for the United
States, if it is interested in selling
manufactured goods or farm prod
ucts abroad to consider the tendency
of nations to follow the common
sense custom that is observed by
many local citizens.
SEEKING MARKETS ABROAD.
The Department of Agriculture has
sent one of its top-ranking marketing
experts to Europe in an effort to ex
pand the exports of domestic farnl
products.
The outlook for exports next
year is less favoiabfe than this year
because _c£ stiffening trade restric
greater competition from other
agricultural countries and a slumping
world business.
Along this line, it should be noted
that early this month the French
Government issued a decree forbid
ding the importation of foreign
wheat into French colonies. By this
act, the French provided a market for
about 3,670,000 bushels of French
wheat a year, but, at the same time,
another restriction was placed against
international trade.
While the French action is not very
important and does not affect a
great quantity of wheat, it is indica
tive of the attitude of other countries
throughout the world. It means that
the United States, if it expects to ex
port wheat abroad, must find some
way to assist in removing the restric
tions that entangle foreign commerce.
—.
Meeting the family’s bills is usual
ly enough to take the “fat” out of
father. - 1
jf|' From Our Earlu File s
AUGUST 20, 1908—
At a meeting of the county com
missioners, the Board decided to take
immediate steps for the erection of a
\ new court house for Chattooga cous
ty. The new court house will be mod
ern in every respect and will cost
between $50,000 and $60,000.
JUNE 10, 1915 —
William J. Bryan resigns because
he fears the president’s message will
cause war.
JULY 1, 1915-
Fire damages Summerville Drug
' Store.
JANUARY 27, 1921
The public exchange day, which
was approved by the Summerville
Chamber of Commerce at its last reg
ular meeting, will be tried out next
Tuesday, and citizens of the county
having articles for sale or exchange
are requested to bring them to the
court house early Tuesday morning.
JUNE 9, 1921-
Meeting held at Cloudland to devise
means for building the connecting
LOOKING AT WASHINGTON
(Hugo S. Sims, Washington Correspondent.)
Election Puzzles
No National Voice.
Japan Speaks Out.
U. S. Faces Problem.
Spreading the Benefits.
Subsidies of the Past.
Now that the election is over with,
the votes counted and the returns an
nounced, one would ordinarily assume
that the people of the United States,
through a solemn referendum, have
made clear-cut decisions upon public
issues. As a matter of fact, such is
not the case.
Who, for example, can take the re
turns of Tuesday’s ballots and tell
what the people of this country think
about the farm program, the public
health issue, the reorganization of
the government, the foreign policies
of this country or the contemplated
program of greater preparedness for
war ?
To ask these questions is to an
i swer them. As a matter of fact, it is
impossible to say Ithat the election of
so many republicans means so many
| votes against any particular meas
ure or that the democrats hold so
| many seats is equivalent to that many
votes for or against any proposition,
j Some of the candidates elected under
! the label of one party are in fact
closer to the political division of their
opponents than they are to other
| members of their own party.
The congress will include Conserva
j tive Democrats and Liberal Demo
crats, Progressive Republicans and
Conservative Republicans, and others
under party names that mean little
or nothing on national issues. Not
only will the conservatives tend to
! oppose the liberals, but the views of
] the members will be colored by the
I states from which they come. For ex
ample, members from agricultural
areas will favor liberal legislation for
farmers, those who represent indus
| trial and urban centers are apt to sup
port liberal unemployment payments,
| and those from seaboard states are,
in general, more apt to support pre
i paredness plans than others from in
terior commonwealths.
As stated in this column several
j times before, the main issue decided
i by the election is whether President
Roosevelt retains the support of a
large majority of the members of
congress. It may be that his repub
lican opponents, aided by conserva
tive democrats, will be able to seri
ously interfere with his legislative
program. This, however, will not be
known until the members of congress
cast their votes upon the legislative
proposals that emanate from the
White House.
The Writer cannot comment at this
ume upon the results in individual
states because, to be frank, this ar
; tide is being written before the re
• suits of the Nov. 8 election are known.
■ ; Next week, if the election returns
• trace a definite picture on the polit
; ical horizon, we will try to sketch its
i outlines.
I;
i Diplomatic relations between the
• j United States and Japan will likely
i become increasingly strained during
i the next few months. The recent note
• of the United States protesting
i I against Japanese treatment of Amer
, ican commerce in Manchuria and
threatened discrimination against our
trade in other areas of China has
been followed by plain indications
that Japan intends to assert some
sort of overlordship over the Far
East. Inevitably, the Japanese will
attempt to exploit the Asiatic Main
land and to assert its right to pref
erential treatment in violation of the
Open Door policy.
| It is easy ® see that if the United
States insists upon its position in re
gards to China, which is absolutely
i in accordance with treaties signed by
THE SUMMERVILLE NEWS: THURSDAY, NOVEMBER 17, 1938.
link of the Summerville-to-Menlo and
. the Fort Payne-to-Mentone highways.
» '
t OCTOBER 6, 1921
“Wild-cat” still found under hay
• near Lyerly.
DECEMBER 22, 1921-
Plans made for a large cement
plant at Gore.
t - ■ ■ ■ ■ -
i MARCH 1, 1923
At a meeting held Tuesday, a move
ment was launched for building an
other big cotton mill in Summerville.
: MAA’ 10, ,1923 Y
Historical Facts of Summerville.
Methodist parsonage completed in
1842. V
1 Summerville incorporated in 1877.
! The First Baptist church 'built in
■ 1849.
: There were no railroads until 1888.
r First jail built in 1843. -
! Race track built west of Sjrfmmer
! ville in 1842. / )
• ''‘"‘Summerville first laid off to be
built where Lyerly Fruit company is,
but was changed to its present loca
; tion because of the big spring, where
; practically everybody got their water.
Japan, and the Japanese continue to
pursue their imperialistic designs, a
head-on collision is inevitable. Wheth
er the interests of the United States
in the Far East are sufficient to
warrant a diplomatic stand that will
invite a conflict is the only question
to be decided by this country. In our
opinion, if the United States refuses
to yield to what the Japanese consid
er the new position in the Orient, the
chances of hostilities are considerable.
Undoubtedly, the Japanese are deter
mined to carry out their Asiatic pol
icy of supremacy regardless of the
attitude of foreign nations, including
the United States, and nothing will
check the Japanese venture except
the weight of superior strength in
battle.
Many of those who study the rela
tionship between government and its
people have been amazed during the
past few years to realize the vast
number of citizens now receiving
some form of financial assistance
from the government of the United
States. This process, strange as it
may seem, is not a new function of
our government, although the bene
fits are being distributed today on a
broader scale than ever before.
The beneficiaries of the govern
ment’s policies are now being count
ed by millions, whereas formerly they
were calculated by the thousands. It
might be interesting to consider the
question of governmental assistance
and compare what is going on today
with what has gone on in the past.
The favors of the government have
not always been expressed through
the distribution of money. For ex
ample, tariff legislation has provided
aubsidy of uncounted billions of dol
lars to protected industries, various
regulations in the past have taken
care of banks, insurance companies
and other financial organizations, and
there have been numerous policies of
government to the advantage of mo
nopolistic corporations. In addition,
legislation in the interest of the rail
roads, shipbuilders and ship opera
tors, as well as measures designed
for the benefit of organized labor
have benefited special classes. There
was also the distribution of public
land on a scale of bounty and the
payment of immense sums to vete
rans of the wars of this country.
Subsidies for carrying the mails
have been divided between railroads,
steamships and airplane lines, and
many public projects have served the
interests of a limited group of citi
zens.
Today, the g°' eminent continues
bhiCh Cl it-? legislation and many of
its policies which assist the groups
and classes referred to in the above
paragraphs. In addition, the field of
beneficiaries has been widely enlarg
ed to include new payments to vete
rans, to provide work for the unem
ployed, to give farmers something of
an offset to the tariff for industry,
to provide funds for the benefit of the
old-age group and to bring many ad
vantages into the reach of the lower
income groups, such as social secur
ity provisions and the proposed health
measures. So far, we have not men
tioned the vast army of government
workers, including the young people
in the CCC and those that benefit
through the NYA. Nor have we re
ferred to the industries that receive
the orders which are necessary in
keeping the country prepared for
war. In addition, there are other ac
tivities that, like the public health
service, operate for the common good
of all citizens.
Now, it seems, the government is
about to embark on a policy of as
sisting great industries, such as the
railroads, the public utilities and oth
er necessary units, by providing
funds for expansion and reorganiza
tions that are deemed vital to the
safety of the nation. There is talk
of a two-price system to assist the
lower third of the population to buy
some of the surplus products of ag
riculture. Where the process will end,
no one can guess. Only the future
will tell the complete story.
PARAGRAPHS
Their Real Names.
Cary Grant —Archibald Alexander
Leach.
* * *
None!
There’s no fool like an old fool
acting like a young fool. —U. S. S.
Oanopus Is was.
* ♦ *
New Words for Old.
Piacenza was a dilapidated', easy
going untouristed place.—Carelton
Beals in “Glass Houses.”
* * *
Life In the U. S. A.
Grasshoppers invading New Mexi
co are being opposed by the National
Guard. This raises the grasshoppers’
march to the dignity of an incident.
—Toronto Star. * '
* * *
It Can’t Be.
They say everybody in Hollywood
sees the movies, but this can’t be
true of the man who writes the ads
for them. —Springfield News-Sun.
* * *
Still Hope
Not all the old capacity for self
• help has disappeared from the peo
ple. A great bakery chain reports
12 per cent, of its sales are of un
sliced bread.—Chicago Daily News.
*. * *
Born Signaler.
In the midst of the fighting in
Spain a child is born with four arms.
A useful future is predicted for the
, little fellow, with the signal corps.—
Atlanta Constitution.
1—
TO 1938 COTTON PRODUCERS.
The county agent lists below meet
ing places and time of meetings to
explain what the vote on Dec. 10 will
affect:
; Coldwater —Nov. 21, 2 o’clock, at
I schoolhouse.
Lyerly, Nov. 22, Lyerly schoolhouse.
Seminole—Nov. 22, 2 o’clock, Lyer
ly school.
Dirtseller —Nov. 22, 2 o’clock, Ly
erly school.
Alpine—Nov. 23, 2 o’clock, Menlo
schoolhouse.
Teloga—Nov. 28, 2 o’clock, school
house.
Dirttown—Nov. 29, 2 o’clock, at
| schoolhouse.
Subligna—Nov. 30, 2 o’clock at
schoolhouse.
Haywood—Dec. 1, 2 o’clock, Ebe
nezer church.
Trion—Dec. 2, 2 o’clock, school
house.
Summerville —Dec. 3, 2 o’clock, at
courthouse.
ADVERTISEMENT FOR BIDS.
Sealed proposals will be received
by R. W. Bagley, Chairman of the
Board of Trustees, at the School
Gymnasium, Lyerly, Georgia, for the
construction of a new Building for
the Lyerly Consolidated School Dis
trict, Lyerly, Georgia, at 2 p.m. C.
S. T., November 28, 1938, at which
time and place they will foe publicly
opened and read.
Plans, specifications and contract
documents are open to public in
spection at the office of H. L. Ab
rams, Lyerly, Georgia, and at the
office of W. H. Sears & P. B. Shep
herd, Architects, James building,
Chattanooga, Tennessee, and may be
obtained from the Architects upon
deposit of Ten Dollars ($10.00). The
full amount of the deposit for one
set of documents will be returned to
each actual Bidder and all other de
posits will be refunded (with deduc
tions not exceeding the actual cost
of reproduction of the documents)
upon return of all documents in good
condition within 30 days after the
date of opening of bids. The estimat
ed amount available to finance the
contract is $10,264.48.
Bids must be accompanied by a
certified Check or bid bond in an
amount equal to five per cent (5%)
of the bid.
No bid may be withdrawn aftev the
s Cut(iu'ie<i closing time for the receipt
of bids for a period of thirty (30)
days.
The Owner reserves the right to re
, ject any or all bids and to waive any
, formalities.
LYERLY CONSOLIDATED
SCHOOL. DISTRICT
By: R. W. BAGLEY, Chairman,
Board of Trustees.
, Many a man puts all of his clothes
! money on his wife’s back.
It’s always easy to tell other peo
. pie how to settle their disputes.
i
The time to take care of. your
; health is when you have health.
, The Bible sttill outsells any book
published, and, if you want to know,
i it is still being published.
When people borrow money, they
usually mean to pay it back, but ex- r i
| cuses are easier to dig up than money, j
Speeding automobiles will get you
sooner or later unless the speed laws
i are hotter observed all over .the
United States.
6ur idea of a hard decision is the
average man trying to decide wheth-y
ler Thanksgiving was set apart for j
hunting or for football.
THIS BUSINESS OF BANKING
Despite the hustle of modern business, banking is
full of human interest. Our ledgers could tell a
fascinating story of hope, ambition and success. Our
safe deposit boxes could tell exciting tales of treas
ured heirlooms. For closely connected with the life
of the community is the bank where you make your
financial home. And you’re just as welcome here
as you would be in your own.
FARMERS & MERCHANTS
Open 8:30 a. m. BANK CLOSE 3:00 p. m.
Make Our Bank Your Bank—Use Blue Checks
Member Federal Deposit Insurance Corporation
State-County-City-Depository
TOPNOTCHERS . by Ket | f
wit; tr&ns’cariXznerf&l \
hetzaee/v Zos/ngetes a*u£ Tieur ft | *
yor& oZ //louts) 23mt-nuTes.
J/z&gAeP IP 't/pars' cZel,
inherited a, huge tSrtuwe mjk
J/as a, hoie fbr- ??tec/u&nuuzl,.
■technical ison/c. Zui/ds /us
| Bread in Covered Wagon Days
BACK in the 1840’s, when covered
wagon caravans moved hazard
ously across the continent, bearing
hardy pioneers, it was no easy
task to prepare the necessary
food to fortify the travellers on
their long ti /k through the wilder
ness-
Bread, then as now, played an
important part in the daily die*.
These adventurous souls carried
with them sacks of flour, and gen
et ally made camp near a watering
spot, so that they might mix water
with the flour and so have bread
SII,OOO Saved on Insurance
Members of this Association have saved more than
$11,000.00 on their insurance premiums during 1938.
This is the difference between the rates we charged
and those charged by old line companies. In all cases
the saving is more than 50% of old line rates.
We have continued to insure only preferred risks
and to exercise every care to insure only those who
are thoroughly honest. Our expenses are kept at the
lowest possible figure.
We believe you will serve your own interest by in
suring your property with us.
Farmers Co-Operative
Insurance Association
ROME , GEORGIA.
to give them much-needed energy.
With the intervening years, the
American baking industry has at
tained gigantic proportions, and to
day fresh bread is delivered daily
for the tables of the nation. Amer
ican bakers have relieved the
housewife of the long hours and
arduous labor involved in baking
the faciily’s bread.
The pioneering spirit still pre
vails in the baking industry, where
men are constantly seeking to im
prove their products and distribu
tion methods.