The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-01-08
THE BUSINESS OUTLOOK
EMCINEERING SPECIALISTS
THE PAY OFF

THE PAY OFF
Henderson county business men
r,ay we'll look forward to the
Tnar 1884 in the anticipation OF
doing more business than IN the
most several l2-months; and the
pvstapder finds most ware trad
nrs in q more optimistic frame Oh
mind. ,,,,o.h+
The New Deal has brought
large number Of initial organiZa-
lions. most of which have as yet
meant slightly more than nothing
to local people. At least two OF
these organizations, however, nave
come home to Henderson county
people with bang and crash.
NRA and CWA are bound to
mean that Henderson county busi-
ness men will have a chance at
more commodity dollars during
the next II months. For one
thing NRA will mean a much
larger yearly payroll. Scoffers in
many quarters say that NRA Is
still somewhat of a myth locally.
If thew would take the trouble TO
INQUIRE and canvass carefully
they would find, that, while MA
has not put great number OF
people back to work, those who
were working are receiving high
or wages.
The Bystander has surveyed
after a fashion, without making
thoroughly exhaustive survey
of the field, and has discovered
that this county may expect some
thing like 100000 more in its
collective pay envelopes per year
than before the birth Of the beau
tiful NRA.
But, the portion of "alphabeti-
cal soup" which has come to the
very doorsteps of Henderson
county people is CWA.
Come Saturday and Mack
Sherard, after spending Friday
night signing checks: is ready to
dish out something like $1,000 to
some lG4 residents of Henderson
county. His Instructions are to
get said sum in the hands of
workers by high noon on Satur-
day: and only once. we believe,
has Mack failed in this respect.
Some 30 odd projects are now
being carried forward by CWA,
and on these 80 working projects
the state and federal authorities
have authorized the expenditure
of $12S.S4O.56 (the 90 cents Is
not state sales taxi.
In addition there arc Il num-
Der Of service projects, such a.
sewing rooms. nursing projects,
night schools, lunch rooms, the
! federal farm housing survey in
all totaling about 500 per week.
Vendors Of building materials
may be interested to know that
S37.4Oi.23 is in the process Of
being disbursed on these projects,
and vendors Of rations, clothes,
drugs. fuel, professional services,
gasoline, tires, tubes and aye, even
newspapers are certainly inter
ested in knowing that the sum OF
$91,A35.S3 is in the process Of
distribution for man power.
IN addition there is FDIC (fed-
eral deposit insurance corpora
tom which will enable bankers
to rest easier on their pillows, to
say nothing Of depositors, if any.
FDIC will, if We are to believe
its Sponsors, cause dollars, now
seeking refuge in postOffices,
lock boxes, socks, and corn cribs,
to take wings back to banks. The
theory operating back Of this is
that the more dollars resting in
insured hanks the more dollars
available for borrowing business,
sorely pressed for capital in late
lamented years.
Most other initials locally are
|, like radio stations that can only
be picked up on short wave sets,
but NRA and CWA are bound to
make themselves local factors.
CHANGING ovcr the list Of CWA
projects one gets the idea that
Chick Sale, eminent specialist,
might do well to remove to Hen
derson county. OF a certainty
there should he room for a few
engineering specialists. The item
in question says simply: Project
25O36. Construction Of outhouses,