September 24, 1962

Accent On Form Bas Wise, Timely

Economic development for a county like Pitt economic levels. Economic development of thf means many things in addition to the creation of county on the broadest possible basis wil serve the new jobs through attracting new industries to best interests of all the citizens, locate here.

In recognition of this, Pitt Countys Develop TllirirriTirr TtI

ment Commission has thrown its support behind fafSLUAXlO AlX

efforts to boost the agricultural economy and income ^ ww m

of Pitt. As part of a state-wideVprogram, agricul- VnlllAe

tural interests in Pitt are seeking to raise ths w U-IUISD

countys iarm income to the annual lewl of $55 5 Nrth Carolina is moving in the right direction mil ion by 1966. If the goal is achieved, it will repre- ^.^en it, prison population is decreasing and heater

?oT?{!cmfntv ^ retumirig to Useful

income for this county. peisoDS convicted of crimes.

In recent years Ih^ts. has been considerable Progress is reflected by the fact that North prope^ in diversifying the economy of Pitt, but Carolinas prison population is coming down at th" agriculture still remains the mainstay of the local j,g prison populations of other states and

economy and proba v wi for many decades. In its jj,g federal system are moving upward. The differ-position as-one of the top three counties of the state ggg g jg j t^e constroctive use North in value of agricultural crops, Pitt should be in a Carolina is making of its probation and parole"

Being A Grandad Is Always More Fun

better position than most to push its agricultural income to the higher goal set under the state-wide program.

As one of the major agricultural counties of the state, Pitt should also be ablewith proper eni-

systems.

It is inevitable in such a situation that the cost of supervising those persons on parole and probation will go up. Even if the cost of operating prisons does not go down by a corresponding amoum.

phasisto out-distance other counties in develop- ^ t ^ i k ^

crime or be imprisoned for years.

H, nf ' North Carolina in recent years has turned in-

eniintv nr hrnaH ha.e Thi i!"^' 1 Creasing attention to the rehabilitation aspect of

county on a broad base. This rightfully includes Uo , i- ^ av.* 1. u ^*

efforts toward realizing the vast potential' in agii- f^nm brought cnticuia

culture which the county has. IVe fully recognize quarters for the state s being too lenient

5? the fact that Pitt needs more year-round indufb-ial ? n the excellent

^ employment to bring a better balance to its economy, ^isel?

At the same time it would be a mistake for the

county to overlook the potential for development It significant for North Carolina that for

that exists in its already vigorous agriculture. the coming biennium the A budget request for ^ ^

Commyioffn^additio'n\o^^^^ eort^ ^velopment ^niion.^ArthrsaTe'toe''mUlion By^GEORGETo^OLSKY

SeTrPitt, u hT^ a^"diti^alre\%" nt*" -

assisting the countys agriculture to reach higher ptrsts o

Advice

Vast Sums O:: iVtoney Requirec,

tional expenditures for probation and parole mora than off-set the reduction in the prison budget request.

One should not overlook the point, however, that those persons in prison are costing the state daily for their support and in many cases for the

datins Have All To Lose

Cofyrifht, 1962,

Kinf Features Syndicate, Inc.

By WILLIAM A. SHIRES

STRIKING - A striking thing about the matter of financing state highway needs in the next biennium and over the next 15 years is the staggering amount of money required.

The State Highway Commission has placed total primary, secmdary and urban construc-tl(Mi needs for tiie 1963-75 ^riod at (e bUlion, 350 million dollars.

Annual ccxistruction need for the 1963-64 period alwie one year was placed at 88 and one-half mlUlfxis.

This is expected to increase at the fairly level rate <rf slightly more than two milliai dollars a year through 1975. ^

Primaj-y highway needs are expected to remain fairly constant on an annual basis, with a rather rapid increase of urban needs in the 1969-75 period when many moderate-sized cities begin to experience serious traHc congestion.

SecfMidary roads needs are expected to Increase rather uniformly at approximately one million dollars a year.

BAD Something else striking in the State H^hway Commissions case placed before the Advisory Budget Commission was reference to North Carolinas bad roads problem.

It has been the vogue, in fact a habit to refer to North Carolina as a good roads state. Now it seems strange to hear open discussion (rf a bad roads problem.

The reference was made by ffighway chairman Merrill Evans.

It Is, he said, my sincere opinion, my firm conviction, that the members North Carolina will send to the 1963 General Assembly will be the most road conscious membership we have had since the 1949 Assembly when the $200 million Scott Bond program was authorized,

Then he added, we are all going to sec that the 1963 General Assembly will come to

There is no reason why the United States should regard , any Latin American country as support of their fEmilies. Persons on parole and a friendly power, to be aided probation, on the other hand, are for the most part economically or militarily or gainfully employed, supporting their families, and ^ ^ corps, which is paying taxes to the state government. TmTrt

Even if the cost of the paroles and probation oney, unless that nation

BELHAVEN The down-east systems goes up a little more rapidly than the cost and beyond doubt

town of Belhaven. to Beaufort of operating the prison system comes down. North

Carolina gains a good deal year-by-year in terms This is an extreme attitude, of both dollars and human values.

Raleigh with the determination to take some positive steps toward the solution of our bad roads problem.

hard by the Pungo, does a good job of tourist promotion. But It, needs help.

Belhaven advertises its hotels and other facilities. Word ot its fabulous seafood buffets at the River Forest, of its succulent crabmeat, clams and delicious Rose Bay oysters travels far and wide.

There is advertising of Belhaven in one way or another over a wide area of the Eastern part of the state. In this respect, the -town does a better job of promotion than almost any other community along the long, thinly populated stretch of U. S. 264 between Washington, N. C. and Mante.

There are the fishing towns of Swan Quarter and Engelhard, and the hunting resorts around Lake Mattamuskeet. A few miles off U. S, 264 on the mainland of Dare is the quaint community of Stumpy Point. The hunting at Mattamuskeet is seasonal, and there Is little else to bring travelers along this route except that promotion which brings him to Belhaven,

DEVELOP More promotion of tourist attractions is needed in the Hyde-Beaufort area, the Belhaven people say. There is potential of various types, and this might be developed in one way or another. When it is, Belhaven believes, there will be a tourist boom along U. S. 264. The stream of tourists actually has lessened there since opening of the Alligator River bridge on U. S. 64 between Columbia and Manteo, and the rich haf-vest of tourists that heads for the Dare coast bypass Belhaven. Mattamcskeet and Hyde.

Access by boat to storied Oc-racoke might be a possibility. The picturesque fishine fleets at Swan Quarter and Engelhard might be promoted.

Rusiness Picture Open Question

Let us be extreme. Powder-'puffism is not for this age certainly not in k battle against Soviet Russia. The soft word is supposed to turn away wrath, but we cannot wait for-something to turn away of its

own accord. That involves too much automation.

The 19 aasumedly free and independent nations of Latin America have everything to lose from Khrushchevs conquest of Cuba. Should the Dominican Republic go, Haiti will go. In a word, this can be the beginning of a conquest of much of Latin America.

What is the Organization of American Statesthe O.A.S. waiting for? Naturally, they are waiting for the United States to do the entire Job for them. They are waiting for the United States to take~ishe entire risk; to expend men, money, material in a war that could weaken the United States while they come in on the kill.

Is this cynical? Not at all.

The Daily Reflector

INCORPORATED Published Every Afternoon Except Sunda^ Established 1882 DAVID JULIAN WHICHARD, Publishe

Entered at Post Office. Greenville, N. C.. as second cla*. mall mattn.

SUBSCRIPTION RATES By Carrier (In Towns) Week 3Ur

By Carrier (Motor Routes) Week 3Sc

BY MAIL, Payable In Advance

Greenville Post Office, Pitt Ckmnty. RobersonvUle, Vanceborr Washington and Chocowlnlty.

Three Months ....................... $ i.n

Six Months ......................... 7D0

One Year I5.00

North Carolina (other than Usted above)

Three Months $ 4.00

Six Months 7A0

One Year .... 14.00

Plus 8% N C. Sales Tax All Other Outside North Carolina

Three Months .......................... I 4.

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rr

By RALPH ROBEY

Secretary Luther Hodges, whose Department of Commerce, t(^ether with the Department of Labqr, collects almost all the general data on business that Is gathered by government, has issued a statement indicating that he believes the economy is still on the upgrade, and will continue so for many, many months. Two items particularly impress the secretary.

First is an increase of corporate profits in the second quarter. The rise amounted to $8(X) million, and it lifted the pre-tax total to $50.9 billion. This is still $200 million below the aggregate in the final three months of 1961, but it was generally expected, both within and without the government, that the total would show another decline. No details of the increase are yet available, and hence it is impossible to determine how widespread the Improvement was. From^ thereports of individual firms, however, it Is known that while s^e are getting along a little better from a profit viewpoint, many others are finding it impossible to make as much as they did a year earlier.

Second is another rise in personal income. The department release said it rose by $1 billion, but the detailed figures show it was $900 million. The difference, of course, is not too important, A breakdown of the total has been issued, and it reveals some interesting and quite significant facts.

For example, transfer p a y-ments, which consist primarily, of social insurance benefits and veterans payments, in August amounted to $34.5 billion. This is an increase of $1.5 billion in the past twelve months. At present 7.8 per cent of all personal income in the nation Is in the form of these transfer payments.

Dividends, which amount to well under one-half the transfer pa.vments, showed a decline for the second consecutive month. The total is $15.6 billion.

Over two-thirds of personal income consists of wage and salary disbursements. Between July and August there was a decline in that paid out by

manufacturers In the form of wages and salaries. This is probably the result of a slightly shorter work-week, the increase in unemployment, and the change of models by the automobile Industry.

Of especial Interest In the category of wages and salaries is that paid by government federal, state and local. The total In August was $56.6 billion. This was an increase of $4.5 billion over August. 1961,

Now, the red question is whether these reports of profits and personal income justify optimism for the remainder of this year.

In fairness to Secretary Hodges it should be pointed dut that he said merely that they Indicated our economic system has bounced back a little from what it looked like two or three months ago and he added that the performance is not wholly satisfactory.

When these two releases are interpreted In that manner it Is most difficult to find any thing with which to disagree. But the Secretary gave the Impression of being highly pleased and convinced that We have better bus-ness ahead for at least well Into 1963.

In our judgment this is reading far too much into these two developments. The slight Increase in corporate profits does-not indicate that the squeeze in this area is coming to an end. Granted, it is better to have a rise than the anticipated decline, but the Improvement w^as not large enough to be important.

The personal-income increase is basically insignificant. That item normally rises, month after month, except when we are in a recession.

Whether we shall have a downturn of business before the end of the year is still an open question.

Oth?r Editors Saying... A High-Priced Bust

(Sanford Herald)

If history repeats itself, as advertised. President Kennedys effort to deal with unemployment by spending a lot of government money is likely to be an expensive bust.

Franklin D. Roosevelt found out about that at great cost to the . S. treasury. The req-ords also suggests that when large sums are appropriated for such make work and pump priming purposes, some of the money is likely to go for politicking.

The late Thomas L. Stokes caught the New Deal politicking wdth make-work money in Kentucky where Harry L. Hopkins had sent some treasury funds in his effort to improve the lot of the common man. Publication of Stokes findings brought angry New Deal denials. But the facts nailed Hopkins and Stokes got a Pulitzer Prize for a good and h(mest job of reporting.

Congress has authorized an appropriation of $900 million to President Kennedy for make -work or pump-priming projects. He signed the authorization last week. Congress still must appropriate before Kennedy can spend the money. FDRs first draft on the U. S. treasury to get the country moving again and to lick unemployment was for about $3 billion. That was in the spring of 1933.

That was the high year of depression unemployment in the United States. Nearly 13 million persons were listed as unemployed; 24.9 per cent of the labor force. More appropriations were to come and alphabetical agencies were established to disburse the funds Federal Em

ergency Relief Administration with Hopkins m charge; Works Progress Admlnistratiim with Harold L. Ickes, the old curmudgeon, on top.

The Encyclopedia of American History relates that FERA and WPA were attacked on grounds of inefficiency, extrav-ance, waste and political corruption. They Wre deluded on grounds of constructive achievements and a rise in the national purchasing power.

The charge of corruption against WPA was laid after Hopkins had taken over from Ickes. Ickes in some ways was a close man with the taxpayers dollars. Hopkins, a social worker by profession, was a fast man with a buck.

By 1936, unemployment had been reduced to about 9 million. By 1938, unemploimient was up to 10.3 million. It was down to 8.1 million In 1940, a year in which the United States was spending big for arms for Itself and the British, then engaged in war with Hitler.

Nearly 10 per cent of the U. S. labor force, 5.5 million, was unemployed In 1941, the last year of peace before this country entered World War II. The drop from 10.3 mlUlcHi In 1938 to half that In 1941 apparently must be attributed to spending for armaments, not to the preceding pump priming which continued through those years.

The year of greatest war effort was 1944; unemployment was down to 670,000. It was over 1 million In 1945; up to 3.6 milUMi in 1949. In March 1960 the unemployed numbered 4.2 million, down about 150,000 from March 1959. Unemployed today are 3.9 millioni 5.3 percent.

It is history. It is the story of the weaker nations watching for the momat when the Great Powers attack each other and hurt each other and then the smaller countries gain. Great Britain became the leading Power in the world by such a policy, aie benefited when the Spaniards fought the Dutch; she benefited from the various wars involving France. Similarly, Japan gained strength because of the series of civil wars in China which began with the Taiping Rebellion (1860-1864) and ended with Japans participation in , World War H in 1945,

President Kennedys advisers on Latin American affairs are undoubtedly paralyzed by the prospect of a nuclear World War in. They believe that an orderly society will yet prevail; that the United Nations and the Organization of American States, facing the somber facts of the moment, will yet find a formula for peace ,in the Western Hemisphere.

This Is the quandary In which the President finds himself. On the one hand, he is advised that only an orderly society can save the world from the ruthless Russians; on the other hand, he is faced by the very chilling fact that Soviet Russia is presently engaged In a take-over in Cuba. Is the United States prepared to make war on Russia over Cuba? Does the United States wish to take the Initiative In such a war? Will Khrushchev retaliate? If so. does that mean World War HI? If Khrushchev is bluffing, all President Kennedy needs to do is drop a bomb on Cuba or something/ like that. But suppose he not bluffing?

Here the arm-(dhair critic is stumped. He cannot favor anything short of war because there is no probability short gf war. The error that was made was In permitting Castro to take Cuba and the Eastland Committee has been sitting on a very thorough report and a great volume of testimony that was taken in Executive Session and which this Committee, for political reasons, refuses to publish. It is possible if ell this testimony and evidence were published, the American people would be able to pinpoint the responsibility for the Cuban fiasco. Perhaps when Ambassador Earl E. T. Smiths book, The Fourth Floor," appears, it wiil be impossible for anyone to suppress the truth any longer.

Be that as it may, nothing is to be expected from the Latin American countries until and unless we kick Castro (Ccmtlnued en Page 8)

A % '

10 ine

w

Grads

By ROGER BABSON BABSON PARK, Mu8..^By this time % good many of last Junes young graduates will have finished their vacations and summer flU-ln work and wUl be tackling permanent new jobs in earnest. On the basis of my more than fifty years in active business, let me give them some good advice.

KEEP OUT OF DEBT If you borrow eome money temporarily on your personal note, he sure you have enough cash on deposit at aU times to be able to pay it off. We are living in very uncertain timee. The entire world is in an upheaval. R is an Important time to ke^ out (A debtuntil the present Russla-Kennedy financial storm blows over. . .which it will.

Dont let talk of Inflation scare you during tiie next few years. We will alwas^ have some inflation, but It will do no harm if we can avoid World War m. Take out some life In-aurance-stralght life, 20-payment. If our dollar holds up for twenty years, all will be OJC. If our dollar declines, you can use the low-cost dollars to make your iMisnnents. So, in the end, it will average out. NEVER ENDORSE A NOTE OF ANOTHER You have friends and neighbors who will ask you to endorse a note for them, arguing that such action would cost you nothing but that it would be a great favor to the maker of the note. I heard a sermcm (xice (HI a text from Matthew, Chapter 25. Verses 33-37. It baa saved me much money and much trouble. When selling property, I will warrant the title against any cloud occurring during my ownership; but will never give a full warranty going back to the Indians!

When you give your own note, you can get out o it by paying same. If you have bought something which you know is a losing proposition, you can sell it and take your loss with Uncle Sam. But when you endorse a note, the note goes to a bank or to s(Hne third party and passes entirely out of your control. The endorsement may hang over you for years. Endorsements have no time limit! Beware of them! BUY A LITTLE STOCK If the stock of the corporation for which you are going to work is listed on the New Yoik or the American Stock Exchange, buy one share of It each month and have it registered in ycHir namenot in your wifes name. If the stock is selling for more than you can afford to pay each month, buy a share (HU)e every other m(Hith; but buy it regularly and systematically.

If the stock is not listed, buy a share of the stock of (hio o your local banks each month. You can tell the treasurer or some other officer of the bank that I have advised you to do this; he will get the stock for you. Have this stock Issued in your name so you will get the dividends. This system driH make you a profit; but, more' Important, it will give y(Hi a good reputation as a substantial citizen. Be well thought of now and it will give you credit later If you want to start a business of your own.

BE CAREFUL

WHEN YOU WRITE It is a good rule to be careful always about what you put into writing. In fact, it often helps to have someone elses opinion on your material. Although I have been writing this column once a week for many yeare, It is always checked very carefully by a most able employee of mine. So let me sug^ gest that, even when you are taking on a new job, you shmild not be ashamed or embarrassed to ask someone In your office to look at work y(xi are doing and advise you.

Use the telephone whenever possible. Never criticise anyone in a letter unless you carry liability insurance! Even when thanking or congratulating people, I often say it with flowers. S(Hnetimes you hate to refuse a request; but you can often save both money and friend by going to a nearby florist and sending scnne flowers. Greeting cards are also, wonder Investments to uss freely for birthdays, Christmas, New Year's, and for ((Continued on Paga )

Quote Gee Whiz' Items In Business

The chickadee ilys at only 17 miles an hour and you never hear of one being in a wreck, e i t h e r. " Raleigh Times.

Strength For Today

By EARL L. DOUGLASS LAWN TROUBLE

Last year I had the most beautiful lawn on the .street. This year I h^ve a weed patch A horticulturist told me recently that I have w'eeds in my lawn which havent appeared on the planet since the Ice age.

P will :ake . < .ui;.', to

get things back m shape again. Tins Is the month for planting lawns or replanting them. Vast areas will have to bf? cut out and sod replaced. Large brown spots will have to be raked and sown a.galn with hardier seed. We know' now that some of our trouble arose from the fact that we planted too del Icate a type of seeds. We needed something hardy for the situation we encounter in front

and back garden.

This, as you see. is a little parable. At one time our lives are .satisfying - the admiration of everybody, including ourselv-Then in almost an instant these lives of ours become weed patches. Then we have to start cutting our areas (cutting our friends, places w'c frequent books We lead. thoughts we ponder. ambitions wo cherish), Al-.so we have to get a more hardy type of seed a type that w'ill withstand blieht of any kind. And by the time the lovely da.vs of Indian Summer come, the lawn will be grow-Ing agin.

It is peaceful at this time oi the year. It is comforting to go about examining the sprouting grass and ob.serving the newly laid' .sod.

By ELMER R0E8SNER

Business news often has ,a gee-whiz! quality. Here are some gee-whiz Items in current developments:

The American Chemical Society is financing studies by Prof. Richard W. Traxler of Southwestern Louisiana University to track down bacteria that eat asphalt. . .B-glrls mu.st pay income taxes on Income from hustling drinks, the Internal Revenue Service rules. . .New York State is now producing more beer than Wisconsin.

Newest promotion: the Coffee Club of the month, offering one tree and samples of coffee from various regions.

The Korvette chain increa.s-ed new'spaper advertising 130 percent in four years and net profits 200 percent. . .Artificial fingernails are subject to the tax on toilet preparations, rules the iRS. . .Skeptical buyers stayed away when a Sunbury. Pa., appliance .store honestly advertised used washers and dryers for $13. . . Bobby-.soxei'q Is an obsolete term, declared Max J. He.s.s Allcn-

town retailer, pointing out that pre-teens now wear nylons.

WANTS DISCOUNTERS

Richard Ball, Gloucester, Ma-ss. industrialist, asked Congress to make discount houses stop cutting prices. . .An ad campaign is urging Scots to drink C!utty Sark whisky because it is a top selling whisky in the United States.". . .Within 20 years, atomic energy will supply 30 percent of the power used in Western Europe, predicted Dr, Josef Bugl, scientific ad-vLsor to Euratom.

Amorirans now spend $5.5 million a year o n room air Ireslieiiers.

In the future. 95 percent of the people reaching 65 will be eligible for Social Security, estimates Alvin M. David, assistant director of the Social Security program. . The Small Business Administration Is searching for a manufacturer w'ho wants to manufacture a patented bagel splitter that wont cut hands. . Watch out for Annosus! warns the American '^Tree Farnricr. Its a fungus

that rota conifer roots. TRADING STAMPS STRONGER IN BRITAIN

Thirty companies are now selling and redeeming trading stamps in Britain and stamps are given with approximately 2 percent of all merchandise sold . . .Dr. Jacob Block. Olln Math-leson scientist, has devised a sure method of finding a needle in a haystack. . .In 1961, the Post Office made $2.7 milUcHi selling stamps to dealers and collectors. They will never be used.

There are now 36 million women drivers in the U.S.

Farmers pwe banks $7.1 billion dollars, an American bankers A.ssociation committee found . . .Cash dividends by corporations issuing public reports were $395 million In August, compared with $373 million in August, 1%1. Commerce Department reported. And so THIS is a recession? . . .Toy Sales wUl agahi set a new record this year, said Saul Robbins, president of the Toy Manufacturers of the U.S.A.

J

NEWEST SUPER PROMOTION: PRIZE POKER HANDS

A new idea for boosting su-permarket sales la said to b increasing them 10 percent. Each shopper, when checking out, gets a slip indicating a poker hand with three cards showing. The remaining two cards, identical for all players, are posted once a week. In a typical super chain, jacks or better, a flush or a straight wins 100 trading stamps, a full house or four of a kind wins $5 in merchandise, and a straight or royal flush wins $100 in cash.

U.S. SECOND BEST BUYER OF COMORO PRODUCTS

The United States is the second best customer of the Comoro Islands. These are specks of land between Madagascar and the African mainlaiid and are controlled by Prance. France la the Islands best customer.

In 1960, the U. S. bought $656,000 worth of Comoro products. chiefly vanilla, oils and spice producto.