North Carolina Newspapers

    i f
The Darrow Report
Code Changes Certain
Reforms Were Needed
Distribution of Wealth
With the adjournment of Cong
ress apparently set for the middle
of June, the outlook is that Presi
dent Roosevelt will get about all of
the legislation which he really
wants—and some that he doesn’t
care about—by that time.
Major measures which seem cer
tain to be passed include the silver
bill, which extends the President’s
power to remonetize silver but does
not compel him to do anything
about it; the bill authorizing the
President to revise tariffs; the mea
sure providing for industrial loans
by R.F.C. and the Federal Reserve;
the bill for Government regulation
of wire and radio communica
tions; the extension of the present
bank deposit insurance plan; and,
last but not least, the President’s
pet plan to stimulate home-build
ing and employment in the build
ing trades by providing a Govern
ment controlled guarantee fund to
insure lenders on first mortgages
from loss, and a similar guarantee
against loss on loans made for
home repairs and improvements un
der Government restrictions and
The most exciting things in
Washington, however, is not that
Congress is going back home to
run for re-election, though that is
something which always ,’evokjes
sighs of relief here. It is the con
troversy that has lyeen started by
the Darrow report on the workings
of NR A.
The committee appointed at the
insistence of Senator Nye of North
Dakota to investigate and report
on the question whether the code
system set up under General John
son was beneficial or otherwise to
small businesses, was dreaded by
Clarence Darrow, famous radical
Mr. Darrow has always been tllC
outspoken champion of the "little
man” and if not himself an avowed
Socialist is looked upon as their
hero by many of that group. It
teas hardly to be expected that a
commission with him at its head
would have any kind words to say
for "big business,” but the harsh
words he said about the NRA and
its codes set the whole Administra
tion by the ears. The Darrow re
port was withheld from publication
for three weeks while General
Johnson and Donald Richberg,
counsel for the NRA, had time to
write scathing replies, which are in
the main denials of the Darrow
charges that the codes favor mono
polies. The two NRA officials be
came very personal in their re
marks.. They are peculiarly sensi
tive to criticism, and, like too many
minor officials in Washington, too
ready to call names if anyone says
anything they don’t like about the
way they are doing their job.
There is a good deal of signifi
cance attached here, however, to
the fact that after the Darrow re
port had been submitted and before
it was published, General Johnson
announced that there would be a
broad change in the system under
which the NRA operates. Many
of the smaller lines of business will
be exempted from the codes, and
only the large concerns doing an
interstate business will be continu
ed under Government regulation.
There is still a good deal of shak
ing dosvn and shaking out to be
done before the Administration
machine gets into smooth working
or’der. Too many minor function
aries and a few of the minor im
portant officials have not yet sob
ered up from their early intoxica
tion with newly-acquired power.
There is still a great deal of of
ficial arrogance and insistence that
nobody is honest except these few
Administration officials. Giving
them all credit for good intentions,
there has been extreme carelessness
and lack of a sense of responsibility
in the methods which many of
the newly-created bureaus have
Those faults are recognized and
will be cured, by the dismissal of
the worst offenders and the dis
cipline of the others. But there
is no indication so far that par
tisanship will not control new ap
pointments, rather than ability.
On the other hand, a great deal
of good work has been done by the
Administration and the outlook is
(Please turn to page two)
The Carolina Watchman gSgg
Feasibility Of
Smelter Plant
To Be Studied
PWA May Approve Project If Sur
rey Shows Vfilue
Whiting Certain Government
Agency Will Find Abundance
Of Metal In N. C.
The movement started in Char
lotte by A. B. Whitinig and others
to establish a gold recovery plant
has resulted in a decision by the
United States Geological survey to
conduct a complete and minute
survey of the Southern Appalachi
ans to determine the extent of gold
deposits and the feasibility of
such plants.
When application was made
by the Charlotte backers of the
Iplan to the Public Works adminis
jtration for government aid, Sena
tor Robert R. Reynolds of Ashe
ville upon communicating with Mr.
Whiting, became deeply interest
ed, and urged that government aid
!be extenned in establishing a gold
recovery plant.
He laid the matter before W. C.
jMendenhall, director of the Geo
logical Survey, personally, who
promised to take action that would
approach governmental co-opera
In a communication to the sen
ator, Director Mendenhall says that
PWA has a small sum that may be
used for gold recovery plants, but
that before the geological agency
can give its approval to any plan,
that it has been decided to make a
survey to learn the extent of gold
deposits, and how far the govern
ment can go in co-operation. To
this end, a survey has started and
if government aid is justified by
findings, the geological agency will
be glad to make any recommenda
tion that will promote the indus
try. It is also revealed by the di
rector to Senator Reynolds that
strong capitalists are also making
surveys, which may result in de
cided developments of the gold in
dustry in the Southern Appalach
Big Bass Is Taken
At Ritchie’s Lake
A Piscatorial prize that would
challenge the admiration of even
such ardent anglers as Rich Hill or
W., J. Rowland was captured late
Saturday afternoon by a Mr. Mc
Quirt, of Kannapolis.
Fishing in the waters of Ritchie’s
lake, Mr. McQuirt snared a black
bass which tipped the scales at
seven and three-fourths pounds.
This is said to be the largest bass
caught in this county in recent
years.—Stanly News-Press.
Claimed Sunday is no longer a
day of worship, but anyway a good
many people in North Carolina are
down on their knees changing their
punctured tires.
“Bob” Doughton Leads
Fight For Silver Bill
Washington—In a common
sense and masterly speech in the
house Representative Robert L.
Doughton of Laurel Springs chair
man of the ways and means com
mittee, closed the debate in sup
port of the administration on the
silver bill.
Mr. Doughton answered criti
cism of the bill that it led the
^country to a silver basis by say
ing "the enactment of this meas
ure will constitute another step in
the recovery program by provid
ing an improved monetary system
for this country. Its enactment
will likewise open world markets
for the products of American agri
culture, industry, and labor. It
will raise commodity prices and
accelerate business. It will enable
the debtors to meet their obliga
"It has been the consistent pol
icy of this administration to fur-;
ther recovery through an expan
sion of our foreign markets, and
the enactment of this measure is
but another step to that end. •
"The enactment of this measure
will also pave the way for inter
national cooperation in aid of gen
eral world recovery and the pro
motion of better means of exchange
among the nations of the world,
and will rebound to the benefit! of
this country, both in increased
foreign trade and in the stabiliza
tion of the dollar in our country.”
Explaining the measure Mr.
Doughton declared “that it shall
be the policy of this country to
increase the proportion of silver
to gold in its monetary stocks so
that it will constitute 25 per cent
which is much lower than in for
mer years.
"We are told by those opposing
this measure that we are provid
ing an unsound mtoney, fiat or
printing press money. If this be
true, what kind of money did we
have in 1900 under President Mc
Kinley when silver constituted
41.9 per cent our monetary stocks
of gold and silver; and in 1905
under President Roosevelt when
silver represented 33.6 per cent;
and in 1910 under President Taft
when it was 30.9 per cent. If our
money was sound then, when the
per centage of silver to gold was
much greater than this measure
proposes, how can it be termed
unsound now?”
Educational Head
DES MOINES, la.".'. . John W.
Studebaker, superintendent of
schools here, has been appointed
U. S. Commissioner of Education for
one year to succeed Dr; George. F;
Blue Eagle Wins
Over Henry Ford
The blue eagle emerged with
strengthened wings last week from
a courtroom clash with an agent of
the Ford Motor company.
Justice Daniel W. O’Donoghue,■
of the District of Columbia Su
preme court, held Ford was thwart
ing the recovery act and that the
I government did not have to buy
his products.
"It would seem unreasonable
'that the president should be com
'pelled to contract with any com
pany, no matter how wealthy or
powerful, if that company is
thwarting the recovery act and de
fying the- government to enforce
it,” the court declared.
"It is not reasonable that the
government should be required to
deal with any company blocking
this great act of national recov
They tell us not to blame the
jinx for our misfortunes, but we all
have to find someone or something
to blame beside ourselves.
Bank Resources In
N. C. Show Increase
Assets Jump From $175,655,727 to $204,677,559
Between June 1933, and March 5, 1934
Raleigh—Resources in North
Carolina banks had increased $29,
021,932.46, or from $ 175,65 5,
727.35 to $204,677,659.81 in the
eight months from June 30, 1933,
to March 5, 1934, date of the last
call of statement of conldition, dur
ing which time all kinds of deposits
increased from $ 147.138,498.62 to
$ 174,270,8 5 9.71, Commissioner of
Banks Gurney P. Hood reports.
Resources showed a slight in
crease, about $1,500,000, in the
two months from December 3 0 to
March 5, in which regular deposits
increased about $2,225,000. At
the time of call June 30, 1933,
there were 204 banks and 76
branches, at December 30, there
were 196 banks, including two
cash depositories, and 42 branches,
inculding one cash depository, and
at March 5, 1934, there were 181
banks and 57 branches.
At the March 5 call, the state
banks had increased the cash in
vault and amount due from banks
to $13,485,830.84 from $45,491,
068.45 eight months before, had
increased their stocks and bonds,
largely U. S. and state bonds, to
$69,570,043.73 from $41,483,848,
52, while loans and discounts had
decreased to $68,565,991.89 from
($76,013,926.69 eight months be
fore, while banking house and
(sight items decreased about $1,
(500,000, to $5,840, 97.55, and
'other real estate decreased slightly,
(to $3,155,450.44.
j Total liabilities of the banks
increased to $176,25 8,184.48 from
the $148,938,022.50 of eight
'months before, while the capital
stock increased to $28,419,4<r5.33
(from $26,717,704.85 . in the same
j Aggregate assets of state banks
rnd trust companies have again
■gone above $200,000,000, the fig
lures at June 3 0 of the two preced
ing years having been below that
figure. The high point was $324,
034,302.34 March 27, 1929.
260,000 Given Jobs
In U. S. During April
Unemployment Mark Is 10,616,000 Federation of
Labor Report Shows; Spring Work Helps Many.
The American Federation of La
bor estimated that about 260,000
men and women went back to work
in April, but that 10,616,00
workers remained without regular
employment in private industry
during the month.
Of those listed in the latter class
the federation said, 369,000 had
work on Public Works projects,
514,000 were in forestry camps and
the remainder had no employment
except that offered by the relief
"In reviewing the progress made
the federation said, "we find that
since NRA codes became effective,”
the greatest employment gain was
trom July to September last year,
when hours were shortened under
the codes and unemployment was
•educed from nearly 11,800,000 in
fuly to 10,100,000 in September.
"From September to January,
inemployment increased again,
vith the season, bringing the num
jer out of work almost to the July
>eak—11.775,000 were without
vork in January;
"With the spring busy season,
dightly more than a million of the
winter unemployed have gone
jack to work, but at the season’s
peak in April, unemployment was
Istill above the September level,
with over 10,600,000 out of work.
| "We have not yet regained the
jwinter losses and have made no
: progress since September in reduc
ing the level of unemployed.”
j The federation estimated an in
crease of $3 8,000 in the April pay
roll total. The percentage of
union workers unemployed fell
from 20.7 per cent to 19.9.
Four Hurt
In Accident
Four young people were slightly
jhurt Wednesday shortly before 4
j o’clock in an' automobile accident
|at the intersection of North Main
i and Flehderson streets. Hugh
ISpencer Young was the driver of
the car that contained as passen
gers Misses Margie Fraley, Ruth
Eagle and Lucie Young. The four
were taken to the Rowan general
hospital, but none was seriously
i Scotland has a quiet Sunday
campaign. ^
Olympic Champ Coming
MILAN, Italy . . . Luigi Beccali
(above), Olympic 1,500 Meter Cham
pion, will go to the U. S. in June to
con^ete in the Princeton University
Salisbury High
Graduates 198
Boys Outnumber Girls in Largest
Class in History; Honors
Commencement exercises for Sal
isbury high school were held Tues
day night with a packed house
greeting the 198 graduates, largest
class in history.
Four student speakers addressee
the audience on aspects of com
munity hVe, these gpehkejrs and
their topics being. Clarenci
jKluttz, cultural life; Willian
Coughenour, recreation and health
Pharis Broadway, religion; Rebecc;
jWeant, education; James Dorset!
president of the student body
summarized the topics.
Stahle Linn, chairman of the
school board, presented the diplo
mas to the graduating class, com
posed of 111 boys and 87 girls.
| Winners of honor were an
nounced by Principal J. PL Knox
as follows: William Franklin Cro
Iwell, science medal; Rena Elizabeth
jMorgan, mathematics medal; Wal
jter Wagoner, Rotary essay medal;
James Dorsett, Rotary cup for
most unselfish service.
Carl Flartman was recognized as
having a perfect attendance record
for his 11 years in school.
Teachers Get
Relief Checks
Raleigh—Salaries of 1,531 teach
ers in 13 counties and three towns,
amounting to $100,015.50, had
been sent out by the state relief of
fic up to Saturday night and the
balance of these salaries, for the
eight month of the school term,
will go to the teachers this week
Dr. A. T. Allen, state superintend
ent of public instruction announces.
This is the first dispensing of
vouchers for the eighth month sal
ary out of the $500,000 granted
this state from the emergency re
lief funds for education, and the
checks should be going out all this
week from the relief offices here.
As soon as the record is made as
to the teachers receiving these
checks, then the State School com
mission will send those to other
teachers who have not been paid for
the last month of the term.
Portersville, Calif.—In an effort
to thwart the decline in his busi
ness which forced him to sell his
automobile, Henry Rose, truck
farmer, has instituted a "CWA”
of his own.
In his case, CWA stsands for
"Cow Works All-time.”
Minus any other means of bring
ing his produce to market, Rose
built a light two-wheel cart and
trained one of his Holstein cows
to draw it.
County, District
State Candidates
Will Be Selected
Only Three Congressmen In State
Arc Without Opposition
Warm Fights In Offing For The
Different County Offices.
The stage is all set for the pri
maries in the county district and
state to be held Saturday.
A complete list of the various
state, county and district candi
dates was carried in The Watch
man last week.
Prediction of a large vote
in North Carolina’s primary Sat
urday despite the fact that there is
only one state-wide office at stake
came from the State Board of Elec
tions as candidates in the district
and local fights entered the last
laps of their campaigns.
Because of the urfctsual interest
in the district and local battles,
the board estimated Saturday’s vote
would equal if not surpass the num
ber of ballots cast in each of the
two 1932 primaries when senatorial
'and gubernatorial nominations
[brought out 3 80,000 and 3 50,000
votes, respectively.
Warm fights for Democratic
congressional nominations in eight
; of the state’s 11 districts, judicial
. contests jn five districts and six
Conflicts in addition to close
battles in many of the state’s 100
counties for legislative and local
offices are expected to draw voters
to the polls by the thousands if fair
weather prevails.
The only state-wide office being
contested is that of utilities com
missioner. with Stanley Winborne,
[the incumbent, being opposed by E.
C. Macon of Asheville, in the Dem
ocratic primary.
Only one Republican nomination
[will be at stake, the solicitorship
of the seventeenth judicial district,
jjohn R. Jones, the state’s only Re
publican solicitor, is being opposed
jfor renomination by F. J. McDuf
fie. All other Republican candi
j dates who were named in conven
[tions and are without opposition,
will be automatically nominated
under the state’s primary law.
Each of the state’s 10 present
congressmen is seeking renomina
tion, and Lindsay Warren of the
first district, Walter Lambeth of
the eighth, and R. L. Doughton of
tl_e ninth, will be named without
A five-cornered battle is being
waged for the Democratic nomi
nation in) the fourth district, where
a vacancy exists because of the
recent death of Representative Ed
ward W. Pou. His son, George
Ross Pou, former Stae’s prison su
perintendent, is one of the quintet
of candidates.
Local Man Badly
Injured In Ac cident
U. S. Jordan, carpenter was cri
tically injured Wednesday after
noon when the automobile in which
he and his daughter, Grace were
riding collided with another car
occupied by a group of negroes
here for the May 30 celebration.
Jordan was unconscious at Row
an, general hospital with serious
head injuries.
The negroes fled, but one was
arrested later.
Grace Jordan received wounds
about the head and a fractured rib,
and is also in the hospital.
Europe is said to resound with the
tramp of armed men, but in this
country they holler so loud on the
baseball stands that we can’t hear
the armed men tramp.
$50.00 In Prizes Will Be
Awarded Watchman Readers
With the cooperation of several
public spirited merchants, the
Carolina Watchman will award its
readers $50.00 in splendid prizes.
With very little effort you can
win one of these. All yoy have to
do is to write a leter of not more
than 100 words telling why you
trade with firms on the contest
Write your letter today—there is
nothing to lose and everyone in
Rowan county and surrounding
territory has a chance to win.
There are any ndmber of reasons!
why these merchants deserve your
patronage, so tell what you like
best about them, whether ic is the
product they sell, the personality
of their salesmen, or the service
they' give, write a letter and tell i'
what you like best and you may1
win a peautiful prize.
A full list of prizes and the ad- i
vertisements appear on inside pages, j
Turn to them and write on one or ’
more of them now. These ads will
appear again next week and the :
following week the best letter on
each firm will be printed.

Page Text

This is the computer-generated OCR text representation of this newspaper page. It may be empty, if no text could be automatically recognized. This data is also available in Plain Text and XML formats.

Return to page view