The Courier News from Blytheville, Arkansas on November 22, 1930 · Page 10
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The Courier News from Blytheville, Arkansas · Page 10

Blytheville, Arkansas
Issue Date:
Saturday, November 22, 1930
Page 10
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.'AGE EIGHT '/ .NEWS SUES HOPE FDR But Production Must Be : ' Adjusted to Consump- •;•'. ,tion, Says Netiierland. LITTLE ROCK, Ark—"In the re. adjustment In economic conditions 'which is now laking place, the •farmer is likely to occupy a belter position than he has for the las; several years, provided lie can rearrange his output so as more nearly to meet the demand for his ..products," declared Wojd Netherland, president of the Federal Liiid Bank of St. Louis, here yesterday white discussing long-term, fu.-.l mortgage credit w'llti representatives of the national farm loan associations In this area, "'file spec- tre of over-producliou. which i-. now facing almost 'every industry. • has been the chief contributor t: .the farmers' troubles, but his mi- chlnery and output are not so geared that his overhead Is as dangerous to him as it is to Industry. Industry's mass production makes far low cosls when sates approximate output, but it carries n high over* head when buildings and equipment are idle. . City People Look Toward Counlvy . "Mechanized fanning Ins ir;i progressed to such on extent ns to vrorfc many fanners out of jobs, al, though it, the use of better seed •\ and stock, shifting from corn to cotton, from beef to dairy cattle hogs andvpoiillry, and from hay to fruits and vegetables, has contributed to the problem of over-prj- ducllon which is far from solve:!. The farmer has been forced lo write down the cost of much of V.\' overhead—the sale price of his land - and buildings—and by shifting production still, more or by using less man power and more machinery lie may- emerge from present conditions In a relatively tetter position. Deer Are Plentiful* but Shooting Banned HAYTI, Mo.—6ld timers of Pcmlscot county, near ilaytl. report that deer are more plfnlt- ful this year than In many .1 year. Trappers and hunters of Ihls vicinity report that Ihe deer are thicker than rabbits. They fay Unit seeing three or tour deer In one day Is an everyday occurrence. This Is not as good as II sounds. The hunters will not be able to take advantage of till 1 ; bountiful supply until 1033, tlii- next open season on deer. purposes. He predicted lhat nich corporations will occupy an Increasingly Importniil position In (he financing of farmers In their current agricultural operations, "especially if the numbc rot chain and group banks increase." He explain ed how the farmers may burrow from ( corporations lo finance feeding and breeding operations, chiry cows, and-to produce crops and have .sufficient time lo repay lo be able lo liquidale Iheh lu-ins from the proceeds of'the'.r operations. "Such corporations," said Mr. Cosgrove, "ordinarily can discoun' farmers' notes with Vhc Federal Intermediate Credit liank to the ev- tent of 6 or 8 limes (heir capital, thus bringing Into the community $o lo $8 lor each dollar of local money Invented In Ihe corpora I Ion's slock. Lota! banks may nlso discount fanners' notes with [he Federal Intermediate Credit 13nnk and It would be of advantage lo all rural communities to investlgat; the facilities of (his Institution." William McKay Is Again President, of Mnrdetle Club Ob'CKOI.A, AliK., Nov. 22—William McKuy was re-elected' presl- jclcnl and Zolnm Scott secretary of Ihe IJiirilettc 4-H Club at a mccllii!! yi-slcrday. Arnold Ford uas elected vice president and Mlldied Jiirrctt reporter. Prof. L. H, Autrey, principal of the Uiirdetle school, Is siwnyor of ' the club which was reorganized at yesierday's meeting for next year's v.ork. ll:e iiK'clliig v.-as attended by •13 o( (lit 45 members and nn In- tluij program was given. ,!iH the present", was the subject ol a talk by Mildred Cough nitli reference to completion of rccrd hooks of this year's work; Arnold Ford stressed continued activity next year in a talk termed •Looking Forward", and Mildred Jcirelt made ad Inspirational lalk on "Opportunity". County Agent S. D. Carpenter of Osccola and Miss Cora l.ce C'ole- iian, of Blylhevllle, County Home Demonstration Agent, met with the mid Mr. Carpenter outlined the plan of club work for 1931, .ming the drive for new inein- ttrs which will continue for the next two weeks. Miss Coieman nave a ilcnumslra- 'iun In the making of Christmas Turtles and Instructions for the malting of Inexpensive handicraft articles that might be used for •SATURDAY, NOVEMBER >><>. IU30 WEI Nil Mnk'here have voted for'a merger of the banks wlilch will have combined resources of more than ii million dollars. Tenrifsst* Bank Closes NEWPORT, Tcnn., Nov. 22. (UP) —The First National bank Ijera today failed lo open its doors. irt , 4 liWqWS'M' Icacliers Attend Group Meeting at Lone There geft, of Ix>ne Oak. 'aSo^eading a ' ' CIGARET AD DAN LIFTED / round table discussion' oh "Respon-• BOSTON, (UP)—Cigaret adv(( y slbilities of Principals in Three tlsing will appear in -The Ecan- Teacher. Schools." pot," • Boston University's m nthly _ .For luncheon the teachers were undergraduate magazine, in ll-e fu- guests of the Lone Oak common- ture. President Daniel L. Marsh ity. i long prevented the publication of such advertisements. Recently he was a 100 per cent at-- BOOZE BARGAIN DAY SUCCESS said he would allow department "" „"??__ . th * .6 rou .P meeting of YARMOUTH, Mass. '(UP)—High [heads to decide the matter, and adver- the three Ci>urir;r News want ads. In fact, farming Is looking good tr many people In the cities nowadays. The farmer has not made many purchases on the Installmen! plan and thus has contributed r;l- atlvely little to the six billion o'. Increased 'purchases' made by ' method. Also, there will be nobrcjc 1 lines on the farms this wlntjr. Many people In the cities who li"vt reserves and remain in the citic- this'winter can, by a little foresight, buy themselves n home on P farm, and a job at the same lime." • Mr. Netherland urged farmers t- protect their farms and not to !•.:;come delinquent hi either taxes o • Installments on their-loans, cm •phasiztng the cost of <lolhiq.u?n:: -and possible foreclosure. ! Meeting Drenth Situation The representatives of Nation^ 1 Farm Loin associations heard o: 1 yer. J. Lloyd, vice president anfl ' secretary of th° bank, say ';that ir connection with the prp-^nt droutV- situation, an encoura;in<; sisn i r 'that ninny fanners rather than si; Idly by, waiting for government aid, are, according to county demonstration agents, actively engaged in dcine everything possible to improve their situations and better conditions. Poor producers te- ing weeded out of flocks and herd;: and every available bit of feed J- being conserved lor use later on Farm relief is a home problem anr' until formers realize thai HIE answer to the present situation lh r largely with themselves, condition' will not materially change. We can not expect Washington to solve our Individual problems." , Speaking of the size of the Fed era! Farm Loan system, as com> prised of the twelve -co-operativ Federal Land Banks and the 4.GO" local National Farm Loan associations which own the stock in them Mr. Lloyd said: "The aristorcary of American industry'and business- is now represented by 24 corporations which are eliBible for membership In the 'Billion Dailar Club' according to a statistical study jus* xropleted by Standard American .-orporation of Chicago. The Iwelv? T^dernl Land Banks with total assets of $1.300.000.000 might rightlv te included in this list,' and if s- would rank fourteenth in.the lis 1 of gigantic American business organizations. This is 'a wondcrfu" showing, considering the fact (hi 1 these banks were organized only 13 years ago." "Willie there are unfavorable factors in the outlook for agriculture," said Walter H. Land, vic- president nnd treasurer of the Federal Land Bank, "I bcllove agriculture has a brighter future for the next twelve montrs than indusiry The drouth has been a body blow in some sections, but it has at teas', reduced the surplus of r.ome rorr modules'. Farmers' taxes are iikelv to be lighter during the comin r year and they will pay less for hired help and have lower operating costs." Provide .Credit for Farmers Mr. Land said that the bank has loaned since Its organization an- prcxlmately SHO.000.000 to 5 • farmers in the states of lllln& Missouri and Arkansas and now nas outstanding $112.000.000. borrowers'. pay In Interest approximately *5,000,000 annually which i pasted on to the bank's bondhold ersi Joseph K. Cd&grove, manager of '-'] the r^deral 'Intermediate Credit Bank, urged the secretary-treasurers of the National Farm Loan associations present to acquaint themselves wilh the operation of the Federal Intermediate Credit Bank and to become active In their respective communities In the establishment of agricultural credit corporations which would make loin* to farmer*!for .agricultural i Sunday and Monday The 1'est News n Years! The Fastest Picture Evei Screened! A cocktuil of liil- 'ii'ioiis fun, pup, jaz'/.. youth •uid football thrills! What •asl! What music! . Whal ! rConlincd from page one) crdiiy. the first Mississippi Innl- tiuion Ki doie during the recent vavc o! b:i!ik failures. It had capi-1 -al of $:'-•> 000 and deposits of $150 -1 000. i Tun ('low In .Missouri EFIKSIEON CITY, Mo., Nov. 22. < UP>—T.HI more Missouri banks were doH'il today by their boards of dlm'tors. They were- tho Dank of Doiii|)!inn, Hiplcy county, ant! he Pike.' County tank of Bowling The airplane strength of the Royal Air Force of England Is. 789 planes. France's fighting planes number 1310, Italy's 1100, and America's 050. RITZ THEATER Saturday—One Day Only teacher, grade liquor at'51 a pint was pcd- Ipermlsjion to print clgarst mnty at died around this "Cape Cod village tlslng was obtained. ST. PAUL, Minn., Nov. 22 (UP; j inslr «ctors of —The Kinbrae Stale banic was' £choo!s of Mississippi county ciosed today because of poor paper Lone -° Ak Friday. Skidway, Box retently as the feature of an un'"'• -' Eld «. Promise Land, Lone Oak, authorized ''bargain day" A large Boyton, Etowah and Hatcher sent quantity of the contraband-found •" le <>cners. ready cus t omers w ], en It was ot _ In tlic primary group meeting, fered for sale by boys who had 22. Mrs. Lucile Baggett, of Lone Oak, salvaged it on the seashore where aral lack of reserve. A. J. Velgel, Mate banking commissioner, reported. ASI1EVILLE, <UI')—Closing N. O., of the Nov. Bank of Murphy, Cherokee-county, the old- institution in western Turner county supervisor, took up Bank of " le teaching of arithmetic In the' Black Mountain, loday brought to l lr l"iary and intermediate grades. 14 (he number of banks closed in ' Miss Willie A. Lawson, county su- wcUern North Carolina since P crl "'endent, spoke on "A Teacher Thm-iday morning. The bank of Philosophy" to the three groups. Murphy was eslabllshed in 1898. The teaching of arithmetic was discussed' to teachers of the inter- , , discussed the materials for primary " had been abandoned by rum- arithmetic and Miss Winnie Virgil smugglers. 'ERY PUPILS LEAKN SAVING ALBANY, N. Y. IUP)— Pupils ol Grammar School 1G deposit an av- DEAD ALLIGATOR A MYSTERY TONAWANDA, N. Y.. (UP)— A pedestrian noticed an alligator lying in the grass white walking zlfig Broad street, frightened, he. his tale. Police, armed themselves hurried to u police station and told and accompanied Ihe man. Tiieir Investigation disclosed that the al- ligalor, about four feet Icng, was dead. erage of more than $300 a week in I " Albany banks through a s ystem WASHINGTON. (UP) —Business Banks mananged solely by themselves.' depression or no. Milady last year . I Two students collect deposits each consumed cosmetics valued at S1G3,- about 110 pounds for five feet'ln who" "is" In ThaV'of "thesegroup I7 hu 5 !d ^ a " d word, the amounts 418,455, an increase over 15.1 An adult man should weigh mediate grades by Miss LA I-'OLLEITE. Tcnn.. Nov. 22. height, with five and a half pounds meetings. I in- books, . . (UP)— Directors ol the First Na- tioual uaHk and Peoples Nation?.! added figure. for each inch above this- In the principals group the same talks were given with C. S. Baj- year. over 15.1 per A bank representative cent over 1927, the last preceding then-collects"the total. An aggro- year for which data was collected. gat,a of $8,315.24 was saved last Census Bureau statistics revealed today. PUT YOUR 'Buying Dollars', to WORK-- A Fox all. talking movietone drama.sensa- tionally revealing t'.ie cause and the cure for •woman's greatest problem. or The dramatic story of a plucky girl who won the love of two men. Jvith DQROTHY MACKAILL MILTON • SILLS Comfetiy and Fables Matinee—'10 and 30c. Nifjhl—10 and HOME THEATRE Sunday and Monday Street KJ \vith. BcKsic I.ovc Mary f.nwlor Cliff Kdwards Stanley Smith Lola T.nnc Gns Shy TALKJMC PICTURE Comedy anil XIAVS. Our Gang—"Pups is Pups 1 Matinee Price—Sunday —School Children—1-G'i —lOe. 7 through 12—25e. Aduiis—30c. Nipht—15 and -10c. Only Tuesday & Wpiliiestlav—ll/ 25-26—"SOUPS TO NUTS". It's Nutty but it's Nice. Thanksgiving nm j ].- r j,i ay _ Buddy Rogers and Helen Kane in—"ME/\DS UP" Radio's George ous Ko- mantic Drama of tlic Children of Midnight! ' All-Dialog! Music! -Songs! with BETTY COMPSOX Ned Sparks Jack Oakie Saturday, Nov. 20—William Coining '•<• CASK". -Sunday. N'ov. Comedy nnd Caitoon Adm. Matinee and Night— 10 and 2uc. Prices Are L6wefr-Values Are Greater than at any time in the past decade— \\liy of course it's common-sense to buy now! The family that doesn't is a lot like the chap that wouldn't pick up the silver dollar he saw lying on the sidewalk becaus: he thought it was too good to be true! For every dollar you own has anywhere from thirty to seventy cents oxlra hooked on to'it that-weren't tlure ten years ago. Whatl does that.mean? Simply this . . . that in most every commodity, one dollar will buy from $1.30 to $1.70 worth of goods! Automobiles, radios, furniture, clothing, food . . . necessities and tb:- so-called luxuries, too . . . are cheaper now than they have been at any; time since the war.l Many articles-Tire down lo levels that ar; even lower than pre-war price standards! You are] going to buy sometime. And there is no time like todav! ^ remember . ; .when you start buying.^vou are putting more money,, into circulation, ion are incrrasing"-national buying power,'speeding up business and creating'employment. You arc strenKlhciiing YOUR business and fattening YOUR family budget). Iri -a word, when yo» buy NOu, you arc buying more than food, or furniture or clothing.^. You arc purchasing 1'rospcrit.v! "A A. ITS THE DOLLAR THAT^S SPENT—THAT COMES B%CK TO YOU Courier News Advertisers Always Offer thq Most Dependable Values Read Every Advertisement-It Will Pay

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