The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1946-07-18
CURRENT COMMENT
By Henry Willis

J. d. Griffing. fine and reliable
Boy Scout and Patrol Leader of the
days about World War !, is remem-
bered by most of us. He is a grand
son of Joel Newson, gallant soldier
of the C~onfederacy. His mother and
aunt, Mrs. Hall, live on Pine Street
near the High School Well, here is
an exceptionally good photograph of
j. ID. in full uniform, the eagles of
a Colonel on his shoulders and the
Legion of. Merit on his chest where
it has just been pinned by Major
General Hershey who is c~ongratu-
lating him for his distinguished
service to the Nation in handling
Universal Draft for the State of Vir-
ginia. J.. d. is n of our older boys
who has made good in every assign
ment. His address is Ill State Of
flee Building, Richmond, Va.
Our Annual Horse Show has
grown to be an event looked for
ward to by horse lovers all over the
state-and other states too. The ex-
hibitors come from Arkansas. Louis
lana and Tennessee, as well a s Mis-
sippi, and they bring outstanding
horses to compete with our home
breeders. The Junior Chamber of
Commerce has sponsored this event
which grows in importance yearly.
The j. C.'s are notable for good
Works-BeaH Field lighting for
example. Any young rider may e
ter and ride any horse. The Judging
will be on the riding and handling
OF the horse not on the horse itself.
It is hoped a large number of young
people will contest. The date is July
9th, the last Saturday in the month,
8 o'clock in the evening. Don't miss
it.
Corn is $3.00 q Bushel at the Crib.
1t will come back as hominy for
us or ground feed for our stock at
unheard of prices. It may even APP
pear in some states as Bourbon
liquor, Mississippi wouldn't know
about that-being "dry". A fine corn
crop is in prospect and will make up
for some of the dollars the boil
Weevils eat.
Bunk Statements. published last
week show a tremendous amount of
unused funds. Holmes County
Banks (plus Vaiden) have inolvid-
ual deposits of 8A millions of dol
lars. The total of loans is under a
million and a half. This, though all
the banks are anxious to secure
sound loans. Cash is over So, loo. OOO.
There r further heavy deposits of
Government, State and Municipal
funds. Evidently few people want to
borrow money. The chief reasons are
that their own thrift { several mil
lions of war bonds also are owned
has much reduced the need to bor-
row, and Federal agencies have to
a large extent taken over the loans
at long time low rates, s. low that
private lenders are being driven out
of the business. Whether the condi-
ton is good or not remains to be
seen.
The Consolidated Co-operdtives
for the State show q business of
nearly $l2. 600, 10000 yearly and are
distributing savings" to the men,
bers. In the main they do not have
to pay the taxes that independent
business men have to pay and that
saving" is ample to care for sub
stantial dividends. However, the
condition leads to Consultations, |
heavily paid managers, surrender Of
individual initiative, gradually to a
practical dictatorship by those who
tell us they are our friends.
The Advertiser. week-before-last
had an excellent editorial from the
pen of the gifted Editor calmly
pointing out to several northern
publications that their u~nwarranted
attempted interference in our pri-
mary had a strong influence exactly
the reverse of what they thought
l