The Carolina Watchman jsgtr FOUNDED 1832—101ST YEAR SALISBURY, FRIDAY MORNING, NOVEMBER 3, 1933. VOL 101 NO. 14. PRICE 2 CENTS. WAlHINdON Washington — The announce ment by the President of a fixed policy of Governmental control of the dollar in international trade has brought great satisfaction to the more statesman-like among his ad visers and friends, who have long been convinced that- no program cf domestic recovery could be car ried on successfully unless world prices and world currency condi tions were taken into considera tion. It is one thing to talk of raising the prices of commodities in our home markets, and quite another thing to raise those prices when they are dependent upon selling our commodities abroad. And in the case of the principal agricultural commodities, a large part of our production must be sold abroad. Half of our cotton, a third of our wheat, nearly half of our corn, in the shape of lard and hog products, and an even greater proportion of some other farm prducts must find their market in Europe, Asia and South America. And so long as the dollar was maintained at the old gold value, while all other na tons were depreciating the gold values of their own moneys, the prices c|f our goods tended to get lower in terms of dollars, higher in orher currenties. Dollars and Prices We had a little taste of what these international prices meant, last Spring, when the President de clared an embargo on gold. Im mdiately the dollar began to drop in terms of the pound and other foreign money, and world prices— and our domestic prices—of wheat, cotton and other products went up in terms of dollars. And when ever, since then, the dollar has risen foreign-exchange- value,- prices have dropped. It is easy to ask why the dollar has not found its natural level in foreign trade, but the answer, not yet fully understood' by some con servative financiers, is that it is not to the- interest of Great Britair to let this country gain any advan tage in foreign trade and the gov ernment of England has seen to il that whenever the dollar began tc drop a point below that of the pound sterling, steps were taken tc send the price of the dollar uf again. This has been done bt means of the sterling equalization /und, operating in the world monej markets, managed by the Bank oi "England in collaboration with tht British Treasury. Whenever th< dollar gets too high to suit th( British interests, the equalization fund goes into the world market: -and bids it up. Our Mote Now So far nothing has been done b) the United States to offset this But Mr. Roosevelt’s announcemeni that the Federal government wil establish its1 own free gold market coupled with the declaration ol policy to operate in the world golc market and so take the first step toward a managed currency amounts in effect to the establish ment of a dbllar equalization fund to counteract the effects of th< sterling equalization fund. And we have the advantage of havinp •a lot more gold of aur own to plap with. It has now become quite cleai that gold hereafter will be used only as a measure of value in interna tional trade. It also has beconu quite clear that ultimately the do! lar will Be given a new value it terms of gold. Mr. Roosevelt mad< that a definite pronouncement, 01 what amounts to that, when he saic that the dollar will be eventually stabilized whenever commodity prices reach the proper level. Thi present commodity prices are only about 70 percent of what the Ad ministration regard's as the prope: normal level. With foreign tradi prices under control, by means o: cheapened dollars.it will be fairly easy to raise domestic prices, sinci they will no longer be disturbec violently by attacks upon the dolla from other nations. And when th 100 percent of normal level price ~ has been reached, then Mr. Roose velt 'promises, and not before, th new value of the dollar will be fix ed, obviously at whatever relatioi to the moneys of the rest of th Continued on page four ---» - Both Wets And Drys Confident POLLS OPEN 10 HOURS Between 3 5 0,000 And 500,000 Are Expected to Vote. North Carolinians will have 630 minutes, or ten and one-half hours during which they may cast their ballots for or against repeal of the 18th amendment next Tuesday. Under the state law on general elections the polls will open at sun rise and close at sunset in the va rious precincts. Due to the east to west length of the state, the time polling places will open in Elizabeth City and other eastern points will be 31 minutes earlier than in Murpihy and other mountain places, and likewise the eastern boxes will close 31 minutes ahead cf those in the west. Between 3 50,000 to 500,000 per sons are expected to vote, accord ing to the state Board of elections. More than 800,000 voters are esti mated to be registered in the state, but no totals on registration are tabulated. All machinery for conducting the election is 5n readiness, and. somewhere close to 3,000,000 blank ballots have been placed in the bands of local election officials. The state board preparedl nearly US 00,000 convention ballots, and rhe cowBty boards have prepared about the same number of delegate tickets. A state-wicfe majority will decide whether or not a convention shall be held December 6 to formally cast the state’s vote on the 21st amendment, which repeals the 18 th, while the majority in each individual county elects delegates to the convention. BRASS BAND AT FUNERAL The last wish of Jim Patterson, negro, of Beaufort, S. C., was grati fied after his death. Told that he was going to die, be asked his white friends to have i band play while he was being car ried to the cemetery. A subscrip tion was begun and sufficient funds ivere obtained to engage an impos ng band which played appropriate elections. DRAW UP LIQUOR TAXES Washington—The White House lisclosed that the treasury and jther departments working on li quor tax legislation had complet ed but were holding secret a ten tative schedule of rates to be pro posed to congress in vent of re peal. A Russian Cailer Maxim Litinov, Soviet Foreign Minister, is now enroute to the U. S. from Moscow, Russia, to talk over the restoration of diplomatic rela tions, as suggested in an invitation from President Roosevelt. Rum Smugglers Show Activity j - Instead of solving the whisky! smuggling problem with which Uncle Sam has to contend, repeal , of the eighteenth amendment mayi I complicate matters, officials of the j coast guard believe. They have, I revealed that there are 3 0 rum | smuggling syndicates operating off | ! the northeastern coast of the Unit-j j ed States and three off the Pacific ! Coast. The eastern rum rings are oper-j ating chiefly from the New Jersey shore to Nantucket. Most of the, ships use the French islands of St.! Pierre and Miquelon as ports. There j is some activity along the Florida! coast which will grow with the' opening of the wLater season. Coast guard omciafs said the; syndicates are equipped with pow-j erful short-wave radio stations tOj direct operations and notify the] rum running vessels of the location! j of government ships. I Believing that taxes and tariffs! Jon legitimate liquor will be high in! i the event of repeal, the rum rings] ;are preparing for a continuation or] I even an increase in their activates, ] according to the coast guard. ; If repeal becomes a fact, the i Canadian law prohibiting clearance, .of liquor for American pclrts will i become void. What course the ;smugglers pursue will depend upon; I conditions in the American market.! ,The coast guard, however, is mak-! ;ing plans for a drive against rum] runners on the Great Lakes, j In addition to' the probability of; fairly high tax and tariff on liquor,; the limited American supply that; icannot be built up to requirements, 1 for several years and the inevitable heavy demand will be important, j factors to stimulate the activities, of the smugglers. Furthermore, the ieconomy program has forced the; coast guard to dismiss many men and lay up hundreds of its rum chasers, gving the smugglers ,an iadded advantage in their activities. Advance In Retail Sales Noted In All Districts j _ ' Washington—Steady increases in 1 retail salfs were reported from all of | the 12 Federal Reserve districts 'during mid-October. The current I Dunn and Bradstreet weekly report i for the second week in October ' states: "Due chiefly to the cam paign of NRA, most of the depart | ment and chain stores report an j increase in volume as compared with the preceding week. Certain 'barometer trades, even after allow ing for decreases since July, are j still running 2 per cent ahead of 'last year. The commercial report ing agencies are agreed that busi . ness in recent weeks has been firm 5 ing in what they regard as an ex jceptionally active winter. The dry I goods market is described as being jthe broadest since 1929, with sales often 70 to 100 per cent above October 193 2. Reports to NRA | from local boards of the Recovery j Administration indicate that the . buying is steadily improving as cold i weather sets in, and forward orders : to manufacturers are increasing rapidly. r.__ NEWS BRIEFS _.__i ANOTHER TENNESSEE DAM the Joe Wheeler Dam on the Tennessee river above Muscle Shoals has been authorized for con struction by the Valley authority as soon as surveys are completed. A mile long and 5 0 feet high, it will create a lake 100 square miles in area. REYNOLDS IN MOORESVILI.E United States Senator Robert R. Reynolds has been slated to speak in Mooresville, Turlington’s home cown, in the high school auditori um, at 2:30 Friday afternoon. M LEAN HELD INSANE A sheriff’s jury has adjudged Edward B. McKean, former Wash ington publisher, insane, and steps were begun for the appointment of a committee to manage the million aire’s affairs. TO DIE FOR ASSAULT Convicted of a criminal assault on Mrs. R. Bill Douglas, white, George Whitfield, negro, has been sentenced to die in the electric chair on Januarv 3. SEEK HIT-RUN KILLER Sampson county officers (have sought statewide aid in locating the driver of a hit and run car which killed a Mrs. Bradshaw near Clinton on Sunday night. FAMOUS ACTOR DIES Edward H. Southern, 73, one of the nation’s most famous portray ers of Shakespearean roles, died at his New York hotel, He was born in New Orleans. WRIGHT VISITS STATE Orville Wright visited the scene of his first airplane flight and the monument erected to his commem oration on Kill Devil Hill near Man teo. He was accompanied by Griffith Brewer, of London, who was a passenger with Wright in 1907 and holds the distinction of being the first Englishman to fly. MAN KILLED Lee Waynick, 32, of Reidsville, was killed by V. H. Goolsby, 48, after an argument which Goolsby said started when Waynick insisted on unloading wood at the Goolsby home, despite the fact that Willis GSolsbv, 6, had just died. BUYS FOREIGN GOLD In the gold drive looking to price-lifting control, President Roosevelt is letting it be known that he will enter the foreign mark ets for purchasing the precious metal. It is apparently his hope that this will assure greater control of the monetary situation while at the same time stimulate commodity prices. EX-MAYOR DIVORCED Former Mayor Charles E. Lam beth of Charlotte was divorced in a Reno, Nevada, district court by Mrs. Laura Cannon Lambeth, daughter of the late James W. Cannon of Concord. Mrs. Lam beth will have custody of the couple’s two children andl will sup port them herself. The proceed ings were private and no details of the trial are given. Mrs. Lam beth took the decree on a cross complaint charging extreme cruelty on the part of her husband, whe had established residence at Reno. "Wtlb AJ\ /VvJuJVCc. EXPENSES North Carolina’s repeal battle reached its mid-week peak as the first accounting of campaign costs was filed with Secretary of State Stacy W. Wade. The United Council for Repeal was the first of the two organized agencies ir the battle to file its list of receipts and expenditures, reporting it hac received and spent $3,3 67.44 so far TRAIN KILLS BURKE MAN Failure to hear the rumble of ar approaching Southern railway freight train cost the life of Ed gat Vaughn, 75, a resident of Burkf county, *who was killed about i mile east of the Hilderbran station ’C'A I ---^cO ---1 I DoubI * .ansvaal Daisies-1 I'red Howard, horticulturist of Glendale, Calif., values the parent plant from which the above double Transvaal daisies were cut at $50,000. It is the first time this flower haa ever been shown and is the only plant in existence. They are shown by little June Monday in a Glendale Garden Show last Week. Senator Bailey Is For Repeal \says Reduction of Evil Is Prime Objective; Opposes Saloon. Senator Josiah William Bailey has announced that he will cast his vote November 7 for repeal tof the Eighteenth Amendment. \ Senator- Bailey, leader of the suc cessful prohibition fight in North Carolina 30 years ago made known his position in a statement issuedj over his signature at Raleigh and^ proposed that the people be given : an opportunity to determine whether North Carolina shall ad here to state prohibition or resort to a system of liquor control. I Reiterating his opposition to the I saloon, Senator Bailey declared that! [any changes in the state policy1 [must be sanctioned by the people.! He said national and state prohibi-! ton are separate issues and must not; be confused. "To reduce that evil (liquor) to! I the lowest possible terms is the mor-j al objective in view,” said the sena-; tor. "On the moral principle they (repealists and anti-repealists) are one. They are divided only on the| ,question of method. The division^ las to this method may be serious’ but not so serious as to preclude! 1 the exercise of a broad tolerance ' tending to preserve unity upon the moral objective. I In presenting his proposal for a | referendum on state liquor policy, ; Senator Bailey declared that "state prohibition was enacted by the peo ple; they alone may repeal it.” ! He declared that should the 'state policy be altered, it must be under a program which would not I permit return of the saloon or any| institution resembling it. : I Salisbury Minister Completes Book -. Rev. J. D. Maeder, a retired i minister of Salisbury, has just com plcted his book "Christ and the |Chosen People”, a literal translation of the Epistle of Paul to the He brews, with critical notefc by the j author. WRECK IN COUNTY IS TERMED UNAVOIDABLE A coroner’s jury sitting here de cided that the accident which caus ed the death of R. V. Surratt, on Sunday, October 8, near China Grove, was unavoidable. The testimony of ThArnjajs R. I.itaker, taken as a deposition at the Lowery hispital, where he is still confined from his own injuries, was to the effect that a bee struck him in the eye, causing temporary blindness, and that he did not see the Surratt car until his car struck it. GOOD MORNING THE TIES ARE BROKEN A firm advertised for a steno grapher and next morning was overwhelmed with applications. The office boy was told to admit no more. ShortTy after this an aggressive lady arrived and, pushing her way past the others, demanded to see the boss. By this time the office boy had become deaf to all protes tations ~and had but one answer. "Not today, madam,” he said'. "But I am his wife,” was the re ply "Not today, madam,” wias the inexorable answer. CAUTIOUS "Darling,” he cried in tender tones, "I never loved but thee!” "Then we must part,” the maid en said, "No amateurs for me.” A PAINFUL REMINDER "What’s the matter, Smythe?” asked Browne of his friend. "You look as if you had seen a ghost. Come on and have a good time on the river.” Smythe shook his head deject edly. I'm not enthusiastic just now, thanks,’’ he replied. "A row on the river will cheer you” Brown persisted. "No, I can’t stand it,” said Smythe. "Every time I look at the river it reminds me of the row there will be when I get home. I left the water running in the bath tub.” Father—Your new beau doesn’t remain very late. The last one used to hang around1 until the milk man called. Daughter—You see, dad, this one is the milkman. FAMILY SENTIMENT Father—But, my dear Dorothy vour husband owes me a lot of money. I don’t think he should expect me to lend him more. Daughter—Well, father, he has to get it somewhere and he has a certain sentiment about keeping his creditors in the family. MR. PECK’S BIG DAY "Yes,’ said the meek little man at the quick lunch counter. "I take my meals at a restaurant every chance I get.” "Prefer restaurant cooking to the wife’s, eh?” queried his friend. "No, I can’t say that I do,” re turned the meek little man, "but I can give orders at a restaurant.” A MODERN COOK Mistress—Mary, how long do you usually boil the eggs? Maid—I usually let them boil until I have smoked a cigaret. CLASSIC MUG, PERHAPS "Darling, I love you for your beauty and culture.” "Youse wouldn’t kid me, would vuh?” KNOWS HER MARINES She—You are the nicest boy I have ever met. He—Tell it to the marines. She—I have—to dozens of ’em. JUST DESSERT "Waiter, there’s a fly in my ice cream.” "Serves him right, let him freeze.” NEEDED TRAINING Mountaineer (taking son to schoolroom)—My boys’ arter larn in.’ What have you got? Teacher—We offer' arithmetic, English, triogonometry, spelling, etc. Mountaineer—JuAt give 'him some of that thar trigernametry: he’s the worst shot in the family. WASTE NOT, WANX NOT Did you hear about Sandv Mc Culloch findin’ a box of corn plas ers?” "No, did he?” "Yes—so he went and bought a pair of tight shoes.” Democratic Chieftian Miss Mary M. Dewson, of New York is the new director of the women’s division of the National Democratic Committee. She is a for mer president of the Consumer’s League of New York. Motor License Tag Sale To Begin Dec 1 To avoid borrowing any money in anticipation of taxes, the state of North Carolina will place its au tomobile license plates on sale on December 1 instead of December 1 5 th as heretofore. According to Commissioner ofj Revenue, _A. J. Maxwell, no exten sion of time will be granted under the new sales system, since motor ists- will have one month in which to buy tags before the 1933 plates become obsolete on December 31. Announcement of the change in the date the license will go on sale was made following a conference between Maxwell and G i/ernor Ehringhaus on a report submitted by Dr. M. C. $. Noble, assistant commissioner of revenue. Governor Ehringhaus has adopt ed a pdlicy of operating the state government without any borrow ings in anticipation of taxes, and; unless there is a good advance sale on automobile tags, it may be nec essary to borrow some money for 30 days to make bond and interest payments dn January 1, it was said. "I think when the people of the state understand the situation and that prompt action by them will j mean saving the state interest charges that there will be no diffi culty in collecting for the tags and I shall direct that the law be strict ly enforced after midnight on De cember 31 and shall not change these instructions,” Governor EH-J ringhaus said. WANTS WINTER PRISON TERM K. Hall, 73, transient, was busily pounding a mail box with a brick in Oklahoma City, Okla., when Policeman W. R. Roth intervened. "I want to get in the federal peni tentiary for the winter,” Hall ex-, plained. "You’re on your way,” replied the officer. He turned Hall over to fedteral officers, who said he would be charged with mo lesting a mail box. , “Smoke” Johnson Minstrels At Spencer Hi School Tonight LEAVES PRISON IN SLOP BARREL Raleigh—Norman 'Davis, servingj' 15 to 20 years in State’s prison fori' manslaughter, escaped bv secreting;■ himself in a slop barrel in which |i a false head had been placed and! breaking out when a tru'ty hadj gone about half the distance from! State’s Prison to the Camp Polk:' prison farm, some four miles fromj: Raleigh. Slop had been poured' in! the top of the barrel, sustained by-, the false head, and Davis had a breathing " reed arranged. The trusty reported strugglng with : him for several hundred yards, but that he finally broke away. Tie went the late Otto Wood, who es caped once in a calvert pipe, one better. SAILPLANE FLIES T26 MILES Waynesboro, \ya.—Richard Du Pont piloted his sailplane 126 m-les, almost doubling the American dis tance record cf 66 miles set last year. He was in the air four hours and fifty minutes. > "Smoke” Johnspn, formerly with \1 G. Field’s Minstrels, and his cast >f 60 talented comedians will ap jear at the Spencer High School luditorium tonight at 8:15 o^clock. rwo hours of real entertainment tre promised to all attending. In addition to Johnson’s cast sev :ral local people will feature doing ipecial numbers. Some of the high pots of the program are "Smoke” fohnson singing "Memphis Blues”, icccmpanied by a chorus of 20 girls. Charles Fries will be heard :inging "River Stow Away.” Eve yn Perkinson, who so successfully impersonated Mae West in the Fashion Show held at the Bcyden rligh School Monday night will be >n hand to sing "All Out for Dreamland Baby.” The Spencer Quartet will render several novelty numbers. Johnson’s Minstrels have been playing to capacity audiences dur ing this season and he has a real >How built around the songs that made Al G. Field’s tours successful years ago.

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