Henderson daily dispatch. (Henderson, N.C.) 1914-1995, 1942-12-29
AROUND
CAPITOL SQUARE
BY LYNN NISBET
Daily Dispatch Bureau
In Tie Sir Walter IlOic'--Ralrigh

UNlNTEltESTED - Secretary al
Strtv Thad Earr returned from his
Christmas trip down home with
he v,!" definite impression that
n1't 81 the folks III eastern North
,;A niuia didn't Gaze anything UbuIt
III" legislature tins t.IrC. Fare sand
; 'hat usually when hc goes home h:S
old n.I"hhurS al want tu kuu,.'
what's rcimg um II k"lcIGh, what
Ill. l,g! l..t,'rc Is l,il"!y H. dc. etc.
b !..iS zane hr GIdur have Il single
! que ;iur about the General Assem-
/ oily. GATES and lIvrtiurd c"t1rtH lar
asyr, wanted la talk about the wa.
/ Incidentally. ElIr discovered that
i'll tina, immediate section people
'"inl. tho war is going /" be- "v,:'
during 1913.
i.EGlONNAlRES JANUARY 10 viii
Yc Il red letter day tor the North
Carolina department ui the Amer
lean Legion. On that date Natluna;
, Commander Ruanr Wan lng. viii visit
The state and VIII br honor guest at
a banquet III Burlington. GuNrrn3;
BrUU2htuu announced Monday that
hr had accepted IN invitation from
Stale Commander Ingram tu attend
the dinner ana assist III Welcoming
the national commander 10 tins
tate.
UMBRELLAS office of price
I administration warns the ladies who
like distinctive umbrellas Ia save the
ones they have because they wont
g, a;.y moro That doesn't mv..n
there VIII be no more umbrellas
made. bat there VIII he no more o;
.nr VarI-Culnrcd tIucy-Shap"u ~pvCl-
mems. Hereafter they viii hr ''var-
lined Ia one or two cun-Cryat, g
models However. OPA say. the Wan
models viii keep off rain and sun
shine. which is the main utility p,W-
pose Of the umbrella.
FREND-Buried in The middle OF
the annual round up" report writ
ten by Secretary of State Euro FOR
one OF the major press services were
few statements Indicating - trend
II North Carolina which may be far
from healthy. That Is the tendency
II small corporations II dissolve and
for the bu>InrsSc> To- operate as III
uINldualS or partnerships rather ih;...
as corporations. The reason given is
the ever increasing load al stale and
federal taNcS and the burden of :v-
CURED reports Tor corporations.
Small corporations n tins state us
IN most uthrrS-.gc dl>>ulyiug and
big corporations are getting bigger
and more powerful.
EFFECT-ThiS Is significant and
the longtime effect ON State rcvcuio
may be much greater than the cas-
udl reader might think. The S"c"c-
iary'S report clearly indicates that
while fewer small, domestic Coyprr-
illunS are being chartered. and more
than the usual number are dis>olv-
ing. there are more big foreign"
corporations being dUmcsiiCatcd TO
du business IN This state. The State
derives some revenue from thcs"
outside companies III the way of
dumcStiCatIun fees. income laxc~.
etc, but the take" l. by me- means
as large us the total would be from
4 nIumbe: ui small local hus!ucS -.
Another effect ut the CIirrcn; trend
Is that. while II i still North Caro-
lima money. actual Engagement con-
tol OF the hUaInc>s - gu!u$ - home
offices III other states.
Secretary Eurc emphasizes
the point that whatever The reason
back of this trend may be. It dec
not lie in North Caruiiua's corpora
ton law. The condition. huwCycc.
does pose the serious question OF
whether some change toward ll.rr-
aliIation u State laws uugut mol ,rc
.,H, =. 81