THE DANBURY REPORTER
Volume 59.
IIELP FOR BUSINESS
NOW IN SIGHT
gantic Two-Billion Dollar Finance Corpora
tion Will Be Functioning Within a Week—
l'Busted" Banks Will Be Helped Along With
btheir Corporations—sso,ooo,ooo For Fann
ys-
HHAking for
HHHF farm relief
of Stokes Farmers At-J
MM Meeting in Winston
—No Definite
— State Asked
Nflß|9jsS^kid
Agent Trevathan,
Young, H. G. Tuttle,
and other farm-1
county attended j
at the Robt. E. Lee
week composed of
from Forsyth. Rock- 1
Davidson, etc.
of the meeting
the condition of
with emphasis on
jHMt low prices of tobac-
Measures look-'
of the farmers
but no definite
formulated. A
BBfiHffigßvas passed urging
OTmßHßb^gH l ' to appoint a com-
the situation,
HHnßHnflßH'>ti ve* of the I
HHH natiWl farmers'
present
as State
J
j
MBM USES OPEN
AIIBMBIIBigffIBBBB ' Open Second I
Cove—J. L.!
New Meat Mar-1
proving.
Jan. 13.—Hau.'i-
HBMH pened a second
v formerly had
| Walnut Cove.
opened an
carrying
MBHH merchandise.
is located
occupied
Automobile
9hB«9HHHB'II has open
meats
building
HnmnriHi Motor Co.
here id
HH|HmB e W3 under
at a Wins- '
this week
HHHnH be getting
Fullbn. who has
at her ihanue here for
is improving.
pres;ttent of the
Bank, was here
gggmSSHv yester- i
H
of War.
of W|- Newton
says 1 iere #• greater
of war todai than in
|
I 1
Established 1872. Danbury, N. C., Wednesday, Jan. 13, 1932.
Help is in sight for business.
The Senate has passed the
$2,000,000,000 "reconstructibn"
bi|l by an overwhelming major
ity. The house will, nodoubt,
pass it this week. The presi
dent will sign it. and the law
should be in operation within a
week.
The bill will work as follows:
Th e federal treasury will put
up 500 millions, to form the
capital. The board of directors
then will issue bonds and bor
row $1,500,000,000. These bonds
will be sold at once, as they will
be guaranteed by the federal
government.
The board cf directors will be
bi-partisan, and will be appoint
ed by the President, and will
consist of seven of the leading
financiers of the nation.
Those eligible for loans, be
sides railroads- and exporters,
are banks, savings banks, trust
companies, building and loan
associations, insurance compan
ies. agricultural or livestock
credit corporatios, federal or
joint stock land banks and mor
tgage loan companies. Closed
banks are eligible if their as
sets "are adequate to permit of
restoration to solvency." Di
rect loans to farmers by the
Agriculture Department are
made possible out of a $50,000,-
000 appropriatoin added to th-i
bill in a Senate "rider."
Leans are repayable in three
years with extension to be pos
sible by special permission.
Strictly an emergency crea
tion, the corporation must stop
making loans a year after the
enactment unless the President
extends it the maximum of one
more year. It is to be liquida
ted, preferably in five years,
and absolutely in ten yeiars.
Stewart-Tilley.
James Martin Tilley amd Miss
Francis Elizabeth Stewart were
quietly married at the home of
E. P. Pepper in Danbury on
Monday night, January 12th.
Justice Jas- B. Joyce officiating.
The bride is the attractive
daughter of Mrs. Lizzie Stew
art. The groom is the son of
1 David Tilley.
Aus Pyrtle, well-known tobac
co buyer, wias among the visi
tors from Stokes county at the
Reprter office Monday.
Rev- J. F. Manuel, of Ger
manton, was a visitor to Wins
ton-Salem Wednesday. Mr.
Manuel is pastor of Leak Me
morial church, near German
ton. as well as other churches.
H. G. Alley and Paul Priddy,
of Hartman. spent Wednesday
at Winston-Salem.
REMEMBER YOUR
RESPONSIBILITY
*
It Is Incumbent Upon You To
Help Reduce the Tragic Ixms
Of Lives From Automobiles
—Drivers of Cars Can Do It
If They Will.
A. J. Maxwell, Commissioner
of Revenue, in notifying owv-j
: ers and operators of automo-'
biles of the fact that their
license is due for another year, I
' writes as fo lows:
"The ownership and opera
tion of a motor vehicle places
1 a grave responsibility upon
one. It is encumbent upon all
I
of us to assume our individual
" Responsibility in an effort to
; reduce the tragic loss of life
5 upon the highways. Close ob
servance of rules of the roaJ
5 and obedience to the law on the
' part of every driver will con
' tribute much toward decreasing
accidents.
; lam anxious to cooperate
with individuals, organizations
' and schools to reduce accidents
' j and will be pleased to send you
j copies of North Carolina high
' | way laws and other sugges
' | tions for reducing highway
L accidents."
l
1
" Clarke-Linville
Wedding Announced
The following announcements
I. have been received here this
• I week:
Mr. and Mrs. James Stewart
- Childress announce the mar
: riage of their sister, Miss Mar
- ion Rangley Clarke, to Mr.
- John Wesley Linville on Wed
nesday, the thirtieth of De
' cember, nineteen hundred and
! thirty-one, Martinsville, Va.
•j Inclosed cards read:
At home after January 6th,
•Walnut Cove, N. C
> I
'i Goes to Federal Pen.
J James R. Bondurant, former
. ly assistant cashier of the Peo
, pies National Bank of Martins
ville, Va.. was sentenced to one
year and one day in the Federal
penitentiary at Atlanta this,
week. He was charged and
i pleaded guilty to misapplying
i $9,000 in funds belonging to
' the bank.
i J
Boles-Chapman.
, Harvey J. Boles and Miss
. Elizabeth Chapman, of the
f Friendship community, n»ar
Germ an ton. were mar
ried Saturday. Jan- 9th. with
• Rev. J. F. Manuel, pastor of
• Leak Memorial Baptist church
'■ officiating. The young couple
will make their home near Ger
manton. Mr. Botes being n
prosperous farmer.
Tomorrow the Limit.
Friday, January 15. is the
limit fixed by State highway
, authorities for allowing old
r licenses on automobiles nn the
highways.
TWO DEATHS
OCCUR AT KING
I
i Mrs- Martha Cromer and Jacob
i' Shultz, Two Aged Citizens-
Pass Away—News and Per
sonal Items of King.
King, Jan. 13.—Mrs. Martha
i Cromer, aged about 70. died at!
! her home near Mizpah Satur-!
; day. The deceased is survived;
Iby two sons, L. O. and Pete !
i Spainhower and one daughter,
, Miss Blumie Cromer. The fun-;
j eral service was conducted at
! Mt. Olive church Sunday after-;
j noon at two o'clock and burial,
' followed in the church ceme
| tery.
| E. W. Carroll, prominent
! planter of the Neatman section,
.! was here on business Saturday.
Miss Clara Pulliain- of
Greensboro, spent the Aeek-end
I here the guest o 1- her mother,
, Mrs, J- S D. I'.i.liam.
i Mr. and Mrs. S. 0. Schaub
Miss Cloddie Stone, of High
!. Point, spent Sunday with re!a
, tives here.
Mr. and Mrs. Irvin Knight
"! have returned to their home in
j Newport News, Va., after;
I spending a few days here with j
I relatives,
I I The home of Mr- and Mrs.
;! William Boles was made happy j
1 last week bv the arrival of a l
' | new baby girl.
i j M\ and Mrs. Raymond Eii- 1
.| wards, of Winstin-Sslen l . spent;
! Sunday here the guests >{' Mr. j
'! Edwards' parents, Mr. and Mrs.
E. P. Edwards.
Otis Knight, of Newark, N.!
J., is spending a few days witi:!
his mother, Mrs. Jj-upb
Knight, in West Klrg.
j Miss Ercie Pull'am, trained
i nurs e of Winston Subni, -rent
| Sunday with relatives here. !
| Jacob Shultz, ag*c; S?2, died
at the home of his (laughter, l
, Mrs, J. W, Rutledge. near Pal-
I ton Wednesdy morning follow
ing a lingering illness. The
deceased, who was cue an.oii'-f
t the oldest and most highly re
! specte! citizens of the commun
ity, is survived by several sons
! and daughters, a number of
I grandchildren and a host of
friends- ,
The funeral service which
I was attended by a large throng
iof people spite of the down-
I pour of rain, was conducted at
I Chestnut Grove church Thurs
day afternoon at three o'clock
and burial followed in the i
graveyard.
Sheriff J. John Taylor, of
Danbury, was among the busi
ness visitors here Saturday.
Cornelius Southern, who
, holds a position at Bassett, Va.,
spent Sunday with his family
here.
! The Home Makers Class of
i King Baptist church met with
Mrs. C. G- Slate Tuesday even
-1 ing, January 5, at seven o'clock.
I The meeting opened with the
, class song, "Bleat Be the Tie."
Scripture, taken from the first
1 chapter of John, was read by
Mrs. John Smith. Prayer by
Mrs. C. D. Slate followed. This
being the first meeting of the
New Year officers were elected
as follows: President, Mrs.
, John Smith first vice-presi
dent, Mr. H. A. Wolf; second
1 vice-president. Mrs. C. R. Car-j
roll; third vice-president, Mrs.
Gabe Lawson; Secretary, Mrs. I
L- A. Rutledye; assistant secre-,
1 tary. Mrs. C. T. McGee; teach- (
! er, Mrs. C. D. Slate; assistant
teacher. Mrs. L. J. Riser-
The February meeting will
1 be held at the home of Mrs.
. John Smith.
To Investigate
Tobacco Companies
Representative Hamilton, of
Kentucky, demands that Con
> gress b e authorized to investi
' gate four major tobacco com
l panies to determine whether
! there is is a price-fixing agree
ment.
|
SENATE OFFERS
FARM BOARD WHEAT
Votes To Appropriate Forty Million Bushels Of
Grain For Relief Of Nations Hungry Millions
—House Is Expected To Concur In Senate's
Action.
i
Washington, Jan. 4.—Forty!
million bushels of Farm Board j
wheat was voted by the Senate'
i
today for relief of hunger and,
1 suffering among the millions
of the nation's unemployed- ]l
; was the first direct federal re-,
lief proposal approved by eith- j
e4 house.
Fourth of Store.
The Senate passed and sent
the House the Capper joint
resolution directing the Farm
Board to place this amount,
one-fourth of its store- at the
disposal of the Red Cross and
j other relief agencies to be mill
jed and furnished free to desti
tute and needy persons.
The action followed testi
nionv by Governor Gilford I'in
i >
chot of Pennsylvania, and John
! L. Lewis of the United Mine
Worker's, telling of dire relief
jfoj a destitute population of
more than 1,200,000 and I'in
chot attacked the administra
tion for the opposition to fed
eral relief .
Radio Bill,
j After passing the Capper bill,
the Senate passed a measure
by Senator C. ('• Dill (I)).
Washington, to transfer to the
radio commission all the radio
activities which the 1027 a t
left in the Commeifc-e Depart
ment.
I Afterwards two more futile
ballots were taken in an unsuc
cessful effort to break the dead
| lock over the election of a Sen
' ate president pro-tem The
' Western Independent Republi
cans continued to refuse to sup
port Senator George H.
Moses (R), New Hampshire, of
"wild jackass" fame, and the
ballots gave no one a majority.
New Message.
President Hoover sent to the
Congress when it Reconvened at
noon after a two-weeks holiday
recess, a new message emphas
izing the need for stimulat
ing credit was greater than a
month ago, and renewing his
demand foi 1 immediate action
on eight points of his program.
He did not mention dire fed
jeral relief proposals, such as
I the wheat donation bill or the
Costigan-LaFollette money re
lief plans which Pinchot and
Lewis approved.
Meanwhile the House showed
its teeth in the matter of
economy, by slashing sejteral
millions from the first of the
appropriation bills. The new
Democratic control brought out
the finst deficiency bill, carry
ing more than $100,000,000 to
run the government for the
next six months, with many
funds heavily reduced. Then
the membership took up on
the floor and directa^^Mieavy
Number 3,708
1 fire of criticism against the
George Washington Bi-centen
-1 niai Commission for its elabor
ate and expensive plans for a
{celebration here this year.
Tariff Revision.
The Democratic joint policy
committee drafted and ratified
'its tariff revision program for
! immediate passage by the
House.
As previously india'u : . the
bill inti*>duce;l by Ch.virman
Collier of the House ways and
means committee requests the
President to call an internation
al conference for negotion of
reciprocal t.. if adjustments;
amends the H;i\vley-Smoot act
to make the tariff commission
report its recoinmen : ations for
1 late changes to Congress, in
stead of the President, and
proposes creation of a "eonsum
i eijs' counsel" to represent th'j
cause of the consumers before
tariff commission.
This three-part piMtrrani em
bodies the main feature-, of the
tariff program for vtAl! some
of the Serate !)emo"* and
nearly all of the Western Pro
gressives, led by youthful Sen
ator Robert M. I.al , '"'! , i i.> (II).
Wisconsin, battled Jo;- nearly
half a year dinting the Hawley-
Snioot debate-
The measure will Ik 1 taken up
. tomorrow for a irief commit
. tee hearing and may be passed
and sent across the marble cor
, rtidors.
•j The Senate debate over the
• Capper bill, and tho Senate
. ( manufactures committee hear
ing on the Costigan-i .afollette
s bills for money reliei of from
. $250,000,000 to the unemployed,
both developed new and startl
» ing testimony.
Strong criticism of the Cap
per bill came from Senator W.
E. Borah (R), Idaho; Demo
cratic Leader Joseph T. Robin
-1 son, and Senator Thomas P.
' Gore (D), Oklahoma, but they
' did not call for a record ballot
' when the bill went through on
a viva voce vote.
i
> Gore, picturesque blind sena
tor, said he proposed to "put
I President Hoover on the spot,"
until the President comes to
I Congress and admits his own
' relief plan is inadequate. He
I and Borah both expressed fears
that the direct aid provided
I would be construed as large
enough to meet needs.
The wheat is "only a dfrop
( in the bucket," Senator George
, W. Norns (R), Nebrhska, said,
, predict, lg other larger direct
( bills would be necessary. "Peo
! pie in many places are starVinic
, now."