Newspapers / The News & Observer … / Aug. 13, 1920, edition 1 / Page 2
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NEWS .'AND OXZRVClirXCrCII, ' ; U,"- HlIDAY MOVING. . 'AUGUST .13 V. JZI COLLECTED ZHIEOIIS FROM HIVESTORS Fcrty Thousznd investors -En . trusted Over Fifteen Mil lions To Him 4 CQSTOM MAN SURRENDERS TO FEDERAL AUTHORITIES Developments follow Thick and : lait lftr Dommjuiojier An nonnccd That Ponsi's LiabO itiea Amount To Orer Beren Million Dollari; Field of Opt i-ationi Wldt Open J . Bostos, Aag. llr-fBy ths Asspelstsd Fress)-Some 40,000 laveetors en trusted ft total variously estimated at fri S1S.0OO.OOO to ' ttOjOOOJMO to Charlea Pond U ft-money maklag Khan which fractal officials today do dared e bs absolutely impossible of fulfiUmsst. Fosii surrendered to ths federal ss thorities this aftoraooa explaialng that be was unable to-meet hS ebliguttoa because of tka sloslng yssterdsy sf tka Hsasver Trust Company, whare tha talk of kla fnnda waro deposited. Ba wss arrested charged with having; used tha mails to daf rand arraigned aad eld 1rbow4r-ag-f;ia-owtaA. gust 19. Morris Budnlek, ft ml sstats dealer of tha Boxbury diatriet furnish ed tha securities. Meantime ft warrant charging tha Italian with larceny had ton obtained by ths BUta police la tha municipal court and apoa leaving tho federal building Ponxl waa re-ar-reetod aad held by tho City aoarl la 110,000 ball for appearance August 13. Badaiek agala want aa Ponsi's boadt aad tha lattss-wae-rsiesaea. n M miiiuu. . Dsvslopmsste followed thick and fart today. Aa pons! waa baiag arraigned before tJaitod States Commlssionsr Hayes, Xdwia I Pride who Is sxxmla big tho book of tho Securities Ex haago Company for tho Federal Au thorities, announced that it bad already boaa ahowa that Poaal owed 17,000,000. Bute Attorney General J. Weatoa Alien Who la sosaueung a separee. saveau- ritioa made kaowa kla oplnloa that snxi'a liabilities would rua' Tnte million,- ' ' ' -' . - State Bank examiner, Joe.7 C. Allea Vsaed ft statement declaring that tho rspital of tho Hanover Trust Compsay of which Poaal waa antll yesterday a director, waa seriously impaired aad Frofcobly wiped euU Btato troaauror rod J. Barrel!, attacked tho bank tommiaatoaar for aot having given htm opportunity to withdraw stats fusd before tho Hanover was cloead and gov srnor OooUdgo demanded that Borrell Bake kaowa bow aSaeh oTIhe State Honey had been tied up by the slostng ef tho Treat ijompany.. Later Barren notified tho Governor Chat tho atate depoait waa $123,000. Covered Wide Field. " Ponsi's f eld appeara to hare inelud ed 'ew Eaglund aad New Jersey. Tho liao that formed daily ia Pi Alloy at tho tear of Poaai'a School street ofleo ap peara to hare bona far from represents tiro of hie elienta. Thia waa made p largely of foreigners who were more laUroatod ia getting their money thaa la protecting their reputation aa wiao peeulstors. T J" " Aazioua inquiries at the aswspaper of Ecee aad feverish, conversations ia dowa tow reotanraata indicated that tha pro prietor of small bualnessee, professional- men aad women elerka and stenogrsphers by tho thouaaad accepted tho proatiao of 4 SO per cent profit ia 45 flaya." Agents working ia offices and 'gaetoriao iatoreotod large aambera par ticularly among tho ItaJiana, 'Tho mya tory of Poaai'a aaethoda added to tho at traetivoaeaa of bi promUea. It la aaid that ia maay eaaea tho poaalbiUtiea of proHtahly oxeaaBgtag American aoiiara for Trench franca and franca for Italian tiro and the latter for aomothlag elte aemed plauiiblo enough withoat a clear oaaprehoBaiom of juat kow tho thing worked out, c .Among tho diacloeurot waa that tho balk of Poaai'a aaillioaa waro gathered Im after tho Pooteffleo Departwiaat bad begaa ita iavoatigatioa laat Pebraaary. In diacaaaing the Ponai eata tonight Chief Poatoflieo laapeetor Hal B. Mote by, aaid that ao far aa their invoatiga turn bad gone Ponai had aovor dono any ; boaiama ia Iateraationai reply coupon. Ha aaid that ba bad warned hnadreda of people agaiaat Ponai Whoa inqmrioo begaa to oomo ia laat February that ao - aua or oat of man could manipulate or peculate ia Iateraationai reply coupon la any auch asaaaer aa they alleged Ponai had explained, to thorn, BRITISH VESSEL LAYING CABLE NOW TO BARBADOES . -yw Tor, Aug. is. western Union Company official hero fii today that tho British ship Coloaia now Is engaged ia laying ft cable from ft point outaido tho three mile limit off Miami, Fla. to Barbados. Tho British cable ship Sto Than is engaged ia similar work betwoea Barbados and Bouth America it was added. Tha workia being aadertakea pending settlement of tho dispute as to wnetser uie csdio may do tanaca oa United State aoil. ' - Bcgarding aa order to sunpend all work oa tho eablo by the British Con St at Miami, acting oa orders from (ho British Embassy at Washington it was said that it subsqueatly was deter mined that ths Embassy bad no autho r ity to Interfere with- the Colonin out aide tho thro soils limit aad that tha British owners of ths vessel later or Orderd the captain to proceed with ths work. v . JULIAN JUMPS INTO v LEAD IN OHIO PRIMARY - ' n .. a'. t ' w i v-i:. ef Cincinnati, jumped into a subttantiai Vad of 1,311 vote over Judge A. t. O'Neil, of Akron, ia the rase for the Eemoeratl aesalnatioa of United States Bmator tonight when aa error i. dia- covered ia tha tabulatJoa of rotnras from all bat 153 preeincts of tho state. The eorroated vote wast Jnliaa aSSS, O'Neil BlOT. UuoT A BAG COMAINlNa A -Doctor's emerges ey ontltt, Seward if re tarned to Dr. Ceo. H. Boas, Kant JJnr- GIVES irJFCr.MATICrl AS ' . TO I?C"EASED FARES PartkHj Used TickeU Sold ; Prior To Aupiit Sf Will B " Eonored , , ,' "V laemaaaaaamam !k. - . - Partially uod romad trip or tourist tickets told prior to Aagaat SOtb will bo honored to deiti nation aad rotara lac to original otarting polnta ia accor dance with tariff aader which they wore old withoat ay Additional harger according to annenneemCBt made yea terday by tho paaaeagor traffl depart ment of tho Southern Bailway ia toa- aectioa with adraaeed faroa for later itato . paaaenger trarel aad aureharge for tho aao of aleeplng or parlor ear pace to become off ectivo Angaat tSth. Idkawiao oao way tick eta told prior to Aagaat tflth bold by paaaengerora oet- aally, oaroato oa Angaat zota wiu oo hoaored to deatiaauoa without addi tional (barge. Boaad trip or toariit tick eta aold prior to Angnat tth aad apoa which going paaaago baa aot boaa eommeneed by that date will aot bo honored for paa aago oa or after Aagntt Kith bat wiU be redeemed at faroa paid there for sleeping or parlor ear paaeengera act aally oorooto at midnight August 85th will be carried to' deitinatioa of parlor or aleeplng ear ticket withoat collection of surcharge. '.- '..' v Holders of. rotors, coupons of round trip or toariat railway tiekott who do-i aire to uso aleeplng or parlor ear spade I for return Journeys commencing after midnight of Aagnst 13th will bo required to pay surcharge at time of purchase of tiekek for sleeping or parlor car space. SALARY BltlS ARE BROUGHT TO HOUSE (Contlaaed from Tags 6m) the State. As it it now. they receive oaly four dollars per day and mileage sad the majority of tho members oarvo tho 43tate st large financial sacrifleos. ' A similar amendment was. dsfaatad four years ago. but tha sentiment, meaa. bars say bow, is coasiderably changed. Pour dollars par day is sot rsgsrded as adequats compensation for a laborer living at borne much leas for legiala tors who sro.Pttt .to heavy expense ia attending the sessioa la Baleigh for two saoaths ia tho year, and as la the present sasola special scsaloa sow and thon. T .. Maay Mora Local Measures. With the introduction veatardav of a half hundred bow bills ia the House, thov-ohsaeo that tho spedsl seailoa will last even longer than tho limited tweaty days improved great deal. Tho total -number of bills proposed t o 4ts 1 on hundred sad twelve 'with ao action taken yet oa restristing tho Introduction of bills. There are many things la the salads of the lc gUlatoree, beidee suf frage, which .they think. ought to bo neted ape at this time. There - was mors yeaterdsy - to sp- polnt a- ealeadar committee. a pro cedure familiar ia the closing days of regaiar seeeloa. The natur or the moasurs proposed yesterday differed but little with tho nature ef regular session bills there were 'theao to pro hibit drnnkenese 08 the outskirts -of BquoeQunx ano. to prouiBit in empty-1 l-m A 1 lag of sawduat into Cranberry Creek. NEGRO QUESTION V ' IT NOT INVOLVED (Continued from Tags One.) . tared la approval and oa tho face of tho record tho amendment will be the law of the land. Unless ths validity of tho vote of Teanesses ia successfully challenged, this will suable ths women ia every State la ths Union to vote next November for presidential andl date,"' .. '.:-:...- "But ovea If ths decision at Nash ville is favorable there still remains ft serious peesibility not" only of non enfrenchisement for, tha women, but of tho invalidation of tho elections in twsnty of the States. It is claimed that tho present Tennessee legislature cannot ander the Bute constitution lawfully veto on thia constitutional amendment, la as much ss no general Stats election has occurred since it wss submitted -to the States. This point hss already bee brought in question before the United States Supremo oonrt If Tea aesseo ratifles and this point is settled before November S adversely to enfran chisement tho effect will Merely bo that while ths women In twenty-eight States may nnaer present statute vote on that day the women la twenty other auy not. But if tho deelsloa is post poned end is sdveroe, and meanwhile the women have Voted tantt of th States nndsr ths supposedly -ratified smendment a very serious condition will prevail. Tho Supremo eourt may fey-Its ruling luvulidnte tho votes ia all ef tho Statee ia which the womea have partici pated. It woald ba impossible for any returning board of any xanvasslng body to differentiate . between the votes ef mea snd womea ia those States, aad if by the courta ruling womea are aot qualified to vote ia them by State stst tee snd are' not enfranchised by tha at yet aaratifisd amendment it would seem that all tho votes oast ia those twenty Stater would be-barred from the oSslal eonnt in Congress. "Under tha practice than far followed ia tha. can vasal ng of tho electoral votes by Congress tho decision in this ease probably woald bo to drop those States in which UBaathorieed vote were east by womea. Tha political effect of this oarse is ft matter ef interesting speea- latioa. Taklag tho electoral vote of liUS as a guide, and assuming that the States vote In November as they did ihon, the electoral veto ia tho twenty eight 8tateo in which womea are now enfranchised would PO 183 Bepublicsn aad 147 Democratic Oa this bssls, therefore, if tho womea vote in No vember oa tho basis of the supposed ratilleatioa in Tennessee nnd the court later holds that ratification Invalid and snncelsths electoral . votea of all ths States ia which they have participated, the effect would probably ba to elect a Bepublieaft President, ealess material changes occur ia favor of tho Demo cratic candidate from tho votes eait ia 1918, which was a Democratic year. THINK ASHEVILLE YOUTH V RAN AWAY WITH CIRCUS , Winston-Saleat, Aug. IS. Th officers here are iaellaed to believe that Wil liam Edwards, slsvea year old ooa of Owyaa Edwards, of Aaheville, who die appeared hero laat week while the rather hod boy were oa visit to the ""win City went away with Us Bboda Bey-a circus, which exhibited hero oa Friday. Tho bey attended th show, It la learned, aad became very much infatuated wilh the horse back riding and trapese per formances. ,..-- '.','.,-.' S,000 BOOKS READ COKSIOIISAYS Scope of Work of N. C. Library ' Commission Shows Great Increase In Past Year ; The report of tho library Commia sioa of North Carolina for the year ending July 11, 1930, la regard to ite 'traveling libraries,' ia a remarUble record of tho oonstaatly 'iaeroasiag oeopo of tho work of tho Com miaaioa, aad ita boaefioeat tolueneo. Thia report ahowa that17 travoliag libraries were seat out to differo rt parts of 63 per sent, over that of tie year Deioro. Eaea oz tneae Ubrane eoa tained approximately 0 volumes. And hfiso Mary Bt Palmer, secretary aad director of tho Commission gives 61,000 volumes as ft oonservativs estimate of tho boohs thus : read. Undoubtedly there were more, aa tho reports are aot yet - entirely complete. Theao 85.000 meaa that tho Library Commiaaioaf has served 90 eooatiea ia North Carolina during tho past . year. Mi ' Palmer statoo also that there s such a great demand ia the fall aad' wiater for school libraries that the eommluioa is aaablo to meet it adequately. Theao traveling libraries of 40 vol ames include a certain preportioa of more substantial' liters tors as well ss woll-chosea iletionv-; There ftro, f course, different typo of traveling li brarios. There are tha children's libra ries, mads p entirely ef Juvenile books, as well ss ths standard variety. What tho Vaveling library ant out by ths Commiaalon mesne to the rural community can best' bo shown by the following quotations from thO letters oi ft typo which Miss raiaer is oa tlnnally receiving. , In view of the present absorbing suffrage isaus, and the limelight which it haa throws apoa reluctant womaa, it k iateroating to note ia tho letter from Stonewall, N. C, thnt tha writer, though, "IS years old and only 4 ft- 8 ia. high, AND ft girl, has read Host all tho .books." Prom Cnllasaja swoa this notei "IA. brary No. SOS certainly wss flae. Every oao was well pleased with tho books. Even strangers wars surprised at the selection. Tho patrons read ths books Just aa long as I could lot them have them.1' .' V:"'t-'' r V: A North Spray sorrepondnt sayai "As ths traveling libraries Meat to have not mors thaa 40 volumee, it la impossible to keep any oa hand aad supply tl o " demandT""Wm yotr send two libraries on tho same datot Tho books front tho Commissioa have been thoroughly enjoyed bore, and wa wish la the aame of tbe people ef North 8pray to express deepest gratltada to oar boaafactora. "I don't know bow tho folk of North Spray sould oxisi without your libra "I wish I sould express to yoa ths pleasure that the library seemed to ba to tho whole aoighborhood," says a reader front Elisabeth City, B. I. "Wo were real Bleated with tho 1U brary. and will bo pleased to have an k.. . . - J S . 11 other, states a reader from Stonewall. There are seven in oar family, nnd we read lota of your books.-1 ant U years, old, snd only ft, SVn inehos tall, snd a girl. I have read moot all of your- books, aad went to school.' a. Prom " Olympic pleased patron writeei ''I don't see any improvement to make it (library service) say better for 4his place. Our . people, like the libraries. : It is suebT ft blessing that we are thought ef in rural diatrleta. Ood bleas tho pooplo who help as with good literature I , . V.V- MAYOR MOORE IN FAVOR . OF EMPLOYING INSPECTOR Wilmington, Aug. 12. Following aa snnouneement tiint tho Tidewater Pow- Lor Company of thia city , had been granted aa increase in gas rate, Mayor Park Quince Moore stated that bo fa vors Wilmington joining with other cities of tho State to employ aa export gas plant inspector .to inspect ths local plant aad determine apoa what rateo Should bo fixed parmaaently, -: Minnie Greeuwald, ft whji woman, is being held by aujthorities ftftsr being arrested' charged with leaving- her 14 month old baby with a negreu of Abi ity. It was shows in eourt this morn ing that th woman left her baby with tho nigrese night aad day aad -ald for Its eare. Ths child has been sent to a local hospital and ths womnn will probably be sent to ths industrial hotao. NON-STOP DIRIGIBLE TRIP AROUND WORLD IS PLANNED - - - New Terk, Aug. 11 X oa-stop dirigible flight around the world wUl be attempted by the ZeppeSa dirigible ballooa builders la Germany within the next twelve months, according to Statement today by Major Chas J. Cliddea, an official of ths Aero Club of America who recently returned from a trip around the world organising an Jrttrasilfd Uiidden saia the xeppeitn firm has long planned to wla, the distinetioa of ao complishlng tho first circumnavigation of tho globe by ir and would make ths attempt soon nnleee prevented . by tho allies. f . INDICT DURHAM AGENT ON EMBEZZLEMENT CHARGE Durham, 'Aug. 12. A. T. Stesvart,1 local agent of ths Virginls Life Inir aneo Company, waa arrested bore tol night upon a warrant signed by Q, Ci Glymph, local superintendent of the company, charging embesxlement of money collected for the comany. Stow art was unable to givs 1300 bond, aad was placed la jail, nwaiting a prelimi nary hearing tomorrow morning., f - , DAM ACS FROM FIRE OTEK ' THREE HUNDRED THOUSAND Charlestoa, S. C, Aug. IS. It , was officially made kaowa today- that th damage in th fire nt the army supply base Sunday was $339,03640. This in cludes th loss ef th two sheds and a hundred wagons and ths damage , to government owned cotton lintere. It to not thought-that ths sheds will, be rebuilt .. ' .i Children 'teething are liable to bowel trouble. -Dr. SETH ABNQLD'S BAL SAM Is ths remedy. Warranted by 8. W. Williams j Tucker Bldg. Phsrmaey, and Clayton Drug Co, Clayton. (sdv.j A machine for electrocuting insects in packages of cereals Is being need by I a American company, - - - -. M'CHAW U""0;.ED TO CO CEFC.1E U. S. ATTORNEY New Tork, Aug. 12 A subpoena waa Issued today for ths- appeamneo of John J. MeGraw, manager of ths New Tork XtUnts, at tho district attorney's office tomorrow to tell what he knows of kow John C Slavin, musical oomedy actor, wusN Injured following a aoaClo early Sunday morning. -r- Tho subpoena, was iasqed following failure of MeGraw to appear -at Diatriet, Attorney Swan's office today, aa prom ised by his counsel, snd following tes timony of ths taxi-driver who took MeGraw aad hlafrieade homo from the Lambs Club ths morning of Blavin's injury. - . , LEGISUTORS ARE SHOWN MOVING PICTURE SHOW Members of ths House and Senate were tho instructed aa eatertsuuea tuosta of the Community Service of To North Carolina Department ef E 'ie- AM A- 1 -. I .1.1,.... sentod last Bight ia tha Boaa of Bep rmentative ball ta tho CailtoL The tirerram wss varisd sad faeladoft tn comedy, and nil ' ths other forms of picture art that ths movlo patrons en joys. Sandwiched in betwoea ths lighter tuff educational and instructive films wars introduced. ' Ths tnterta!mr wae atteaded by a largo part of th Beproseatatives aad Senators and ft scattering ef tho sity pooplo. ,: . j ; ,. . Massed Assault Made Against Revaluation Act . (Ceo. tinned from Pajw One) ths Lords Proprietors aad astablisbod tho family via and fig tree ia tha fer tile soU of Pitt, he assured. Ho bad prospered, and- his neighbors hsd pjo kperod. Hs deplored- oxcessivo pros parity, aad sees financial panics hover lag oft the horison. , And what would wo bef bo do-' claimed. ' He looked with sstoniahment sad misgiving apoa tho efforts of tho rovalaatioa act to ram eve ths last prop from aader Pitt soaaty's agriealtaral praaperity, and warned tho committee that it is dangerous to bo fxaoukayiug with tha aonatitntloa." Wo have gone eraxy about swads,1 ho said. Wo have gone smsy over schools sad are paying teachers fieti tioua salaries.- And do yoa expect tho farmer to pay it all! Do yoa thiak as poor farmers eaa pay all ths taxes and go and tight Germany toot . , . . . 1 have always voted tho Democratic ticket, but .ths .pill was bitter' some times. I'd go to" the Bepublicaa party but, by God that nd WmvmlTTT Ho thought tho party waa gettlag too irresponsible, particularly since "we got rid of tho Bigger," aad were likely to get something worse than the negro if tho rovalaatioa act waa aot repealed. Ho Is lappreaosd. - Mr. Tyson waa going strong, his voles constantly attaining new levels of vol ume and vehomAnco, at tho end of SO minutes. Dr. Alexander got rootleea ia his seat, looked appoalingly. to tho chair, aad to Mr. Bailey, who was sitt ing by, ready to launch out apoa bis arraignment of the work of the Tax Commission. They conferred briefly, and tho doctor asked the chair to sup press Mr. Tyson until Mr. Bailey oould speak, promising; to hoar him further afterwards. He was suppressed, aad tho "Collector arose to make hia de liverance. ' - m-L Mr. Bailey welcomed the Legislature to Baleigh for erabnal reasons, saying that bs was glad to see each of them, but entirely unsympathetic with their purpose in mooting here. - Ho weleosned ss largo a delegation of farmers. It was tho first time that ho had ever seea farmers la sueh unique force be fore a legislative committee, and took it as portent of.a. aew time when thil groat clnas of citiaenshlp should be heard ia govornmeas.-v . ' . -Voice ef tho FarW. Mr. Bailey ridiculed ths report of the Tsx Commisaioa to the Governor. Bo scoffed st the million acres of land that had been discovered. Ho believed that it wa a "Dr. Cook discovery in stead of a Columbus discovery,", Ho estimated its value nt tea million dol lars and said that If the State -hooded taxes, let It tax those aow lands for tho post to years, and got tho five and t half mlllioa dollars dus It from back taxes. Hs wss applauded with vigor by tho farmers. . ' Taking tha report of the Commission, together with the Interest rots to bo levied under revaluation, ho declared that tho railroads will pay aaOOiWO loss tsxes this yr thaa hut- that th banks will pay 1W,dw let-, tnat aoiaers si personal property -will pay 41,500,000 lets; aad that farmers would pay -,-000,000 more. His figures for ths farmer tsx were based -pu-thsHCoo-j-missioioa figures for reel estate. - Ho la Perplexed. "With the railroads, the banks and ths holders of personal property paying millions loss taxes, who makes it up I Who makss it apt Who makes it pr he : shouted while tho farmers joined him with a mighty clapping of hands and yells. "What is ths stats of party w " rT. ..u j - J life to bo if tho Democratic party goea s nrb"rm HksTttatt I ''if the taxes are to bo Ineroassi, let ths Dr. Cook countries make it up. They have sever paid say taxes. Let a asm a tha Bounties. Oas tor PcH, another for Loo, for Maxwell sad for Blckstt Personally Z would throw this wools ouestloB svsr ta tho next Legis lature I woald bear ths votes of the people before, and if they want It, thea t will accept St.1 r - .. K . Maxwell Cornea Back- , feforo the aehoes of Mr. Bailey's ringing finals bad disd out Mr. Max- wU was en the floor to snrwsr.. The mantis of calm, almost sold impassivity tbst sharsctsvisod ths Commissioner' manner usually 'was gons. There was 4r ia hi eye. - Be picked Bp th gag thrown dowa by tha Collector aad hurled it back. - Striding ap aad dowa tho aisle be fore tho epeaker's dock, ho charged Mr, Bailey agaia aad agala with bad faith, sf hsving at aas rime vilified him be esuss h did aot do tho thing that he bad juat held him to ocora for doing, dSnouneed tho Tax Commission for aot desiring the income seeded tor increas ed Stats activities from tho farmer whoso property was aot oa tho tax books t its real value. 1 x ;- 'Stand out, Mr. Ballsy X Stand here before this house aad deay that yoa did aot denounce me for not doing th vry thing that you now denounce mo for doing- Deny that you did aot come before this eommntee nnd ssy that th wsy to get all ths Increased revenue i needed was to tax tho real estate, the farm lands, yes, even to tho farmer's sboats. Stand out Snd deny it. . "Doa that em 44 g lata tka public proas aad denounce tho feature of tho income tax ameadinaat that did aot provide a limitation for tho boao tttf largo Income tax pay era. Stand at nnd answer I" . ' A- rear of applaasa arses from tha aids of the house whora most ot tho members of tho General Assembly bad crowded ins. It opread to tho other wing of tho chamber, where-the Farmer dele gation waa gathered. - It eoatinsed, swsHing as it went, for almost a min. are. . Ths moot dramatis mom eat over seen before a committee bearing, it waa declared, oven by sueh an old timer an tho Grand Old Maa at tha House The applaasa subsided. Bryant Enmeshes Alexander. " 1 hold ao brief for Mr. Bailey?-' Dr. Alexander began, after ths dramatis challenge had been made by Mr. Mas well. . - - " - v ' "Why didn't bo stay bora theat earns a chorus af ah eats from tho asoav bora of tho oamasittea aad spoetatera. onictly U ths. pa nee aad begaa calmly ta enmesh Dr. Alexander ia ft series or ouostions that ianlly brought from tha hsrrassed ex-preaident af tho Uaioaists tho deeUratieai -I doat knew hew ta ds It X am aot a legiamtor nor a corpora tioa law yer. Ws ksva yen bora ta tad a way to do tho thinf that Us people want." "Yoa claim that tha method of val aatioa is wrong. How would yoa de termine its valnsf Mr. Bryant-asasL ty ita saraiag sowar.' declared ths doctor. ', .; v "Would yoa exempt wasaat fiopaily la cities that earns aothinat" Nsi I woald tax it froaa its onhnaoed value oeaasa of its psaitioa." Would yoa aoatoad that vaeaat aad aatilled farm laads ought to omotodt" ba ex- "Woald that bo oksslcsvlatioar ' Dr. Alexander hseitatod aad tamed ta a discamioa of hia whole taxatioa sehoms again. Hs declared for a grad uated rneomo tax, inhoritaaea tax, with exemptions for small estates, lieanso tajtea and a ftaneniaa -tnr of ons per cent af eapltaliaatioa. Mr. Bryant turn ed tha current back ta tha begiaaiag af tha tax year, aad ia qui red af Dr. Alex, aader hew ho would list property that is shipped out af tha Btats before tax listing time. It waa thea .that ths Msckisabargor threw ap tha whole ar gument. Tha Great Talker sained op portunity aad when adjournment same a moment later, was diaaoumag loudly. . ... VaJcmmt ReawluUoa "We, tha aadsraigaad. loprossatstrvos si tho Parmcra Vaion, la meeting as ssmblsd ia Baloigh, aa Aagust 11, 1920, exerelaing eur undent right ta petition, do respectfully call ta tha attention af tha General Assembly, ths following matters which wa deem, at moat vital importance, aot only to ths welfare af tho agricultural class but to the whole psfT-'s of tha BUI. ?,,,. : That; whereas, from our dedaetioa In oakalstioas based apoa tha published report of tha tsx aommiaaiea to the Governor dated August 10, 1920,. it ap pears that 4hera will ba aa approximate decrease sf tl per seat aa tho actual amoaat af tha taxes oolleeted from tho railroads ot North Carolina; of S3 1-3 per cent ia tha banks, and S3 1-3 per seat ia personal property, aad aa tho other haad tha amoaat collected from tho rani property will bo increased ap proximately fifty par cent. Therefore, we ars forced: to lbs conclusion that ths Bevaluatioa act. ss drafted ss and pass ed by tha General Assembly af North Carolina snd tha report at the Corpora tion Commissioa Beting aa tha Tax Com missioa sbovo referred to, are both un sound ia theory and unjust ia applica tion and reanlta. aad that ia tha in terest ef an equitable distribution of Us tax harden, this act should ba re pealed by this special sessioa of tho General Assembly sr, at least, its op eration should bo deferred aatil a more satisfactory aolatioa af ths tsx problem can bo arrived at. "To thai end. Wo suggest ths appoint- aioat of a temporary tax commissioa which shall fairly represent ths different vocations aad industriee of tho St..te with full power ta asa all tho informa tion aow collected ander tho Bevaluatioa net, and that this aew eommiasioa shall, if accessary, remain ta eontinnoua ses sion from its sppoinmoat nnd render tho report of its findings aad recommend, tions to the General Assembly of 1921. BeaJlaing that the obligations of ths State must be met for tho current year, wa respectfully suggest that ths taxes bo levied aad collected according to tho nt af 1919, with tho addition , The advantaie Pn-phy-fohas over other aaieftQti- septicg is that it is to much morei vovrerful and eflS cientjretitia ttbsolutcly Bajinleti---- -- - Vast onVfent of a" safe an SeptMS deetroys all dlseaao swraas. Portoctly hornaleea, nlaao. ant and rorraahtnr. Btneo tno mouth after ttruehtaeT tha tooth -to keep teeth sad sumo claa and hoaJthy Snd avo44 oyoeiti . ftprny tha threat or snrlo Solly to guard asoisot colds aad au . aora Slseaasa Apply aa cola, wounds. o PhystcUwa and rnuits satioinmeiid r-pastot - uAJi drug stores soil It. ...... . lOema, Dr. Dexter Blanchard Dentist 403-8 Tuekrr Bldg. Boll Phono IIS 'V.r..v Blsigh,N.C ,, LMlfiiii'-'J X 1 avWT S s.i ,tm -voir II w'"twiicM,acrssA. 'soai4.titns3 I Jl t OUMTtMhtaO 1111! linn. Tfm IN IA lI'Mtvewni, .' CALLOWAY DRCO CO. of any aowly discovered property, real or Personal nnd with tho further addi- tioa sf increasing franchise taxes, .if aoeoeaarr. i aad with such incroass of rates aot to exceed ton per sent as may bs necessary to maintaia ths financial iatotrrity at ths Btsta. "Ws would oepoeislly arge that ths General Assembly return to tho plats level of tha constitution aad levy upon an Investments ia stocks ia ths hands of sasrsholders uniform sd valorem tax : " - - '" 'J. "la alow af ths fact that North Caro lina haa aot had a asw eoastitutioa is mora thaa fifty yssrs snd that the n- tira economic aad social life of tho Btato ass withig) this period aadorgoas a com plete change, wo respectfully ssk tbs Gon era! Assembly to consider tho ax podiency at a calling a soBstitutlonal convention not later thaa April 1. 1371, and to submit ths constitution so drafted by such ooavsBtioa to the voters af the Statt st ths general election st 1922; sad further that this General Assembly OTIHS us Bui$ -wnosoi"tii',1lrt3i galas of this convention be elected by tho peoplOsSt the approaehiag election oti920. - ;-t .-- - . Wo also ask that Chapter 129, Public Laws ot 1919, bo emended by striking sat ia Unas 7 aad I ths following words I Provided the rata of tax from income shall ia as ease exceed six per sent,' thereby leaving ta tho discretion of ths Ooa era! Assembly ths lsvyiag of sacb ft S dusted iasoma tax at from time to o may ba accessary. "Wa realise that small group sf per sona who dssirs tha sdvantsgss of iu eorporatioa other thaa tho borrowing af money aader tho torn, of issuing stocks, would possibly bs discriminated sgainst by ths ssparsUoa of ths two taxable aaitst aamaly, tha tangibls sorporato property aad tha investments ia stocks j therefore, wa eaggast ta ths Genera! As sembly to consider tho advisability of tha paassga af laws which would aaablo sueh persons ta form aoa-stock corpora tions sr limited partaorahips that would ba tsvabla ia tha oondnctoLillx re spoetivo SBtorpriseo." . j ADMIXISTRATORt KOTIChL Hnvina Qualified as administrator ef J. Hillmsa Maagum, deceased, lots of Waks eouaty, North Carolina, thia is to aotlfy- all persons hsving claims sgainst tha estate af said deeeaeed to exhibit them to tho undersigned -at his attorn eya oa or before tho 17th day of July, 1931, or this notice wiU bo plosdsd ia bar af their recovery. ' All persons indebted ta said estate will please make immediate payment. ' ' ' '- -;l This Us 16U day af July, 1930. , . O. D. MANQTJM, AdmlalstrsUr of J. Hillmaa Maagum, Doeoaasd. Croodmcor, N. O. WIN8TON ft) BBASSimf-tr"T Attorneys for O. D. Mangum, Abasia j istrator, Baleigh, N. C. .. i , - . a-90-rri. DR. N. B. BROUGHf ON Vkkos ASaomo that be has Opsaed OOm at' 105Va Fayattewaie) St GENERAL PRACTICE OP MEDICINE , OmCX. BKUL, PHOrTI UTt : BiSnm Phono I 111 , ' OPTICI BOUBfti 11 loll last Cel MISS HIGGS ' EXPERT PUBLIC STENOGRAPHER (SetWMrv at the xsrbomh.t Hew at The Blaad Hotel RALEIGH. N. C. isss. 1 Leaise Wyass Elisabeth Huator rJfTJLTIGBAPH WOKrrnz Perm Utters MslHag Lists Tho Commercial latter Writers UTrb Psysttevllls BC-Pho'ns 13i8 . (Over Walk-Over Boot Bhop.) ( Not a grape ' 17 juice but a lmneo V for health and JJ1 easure GLEANING and DYEING SUPERIOR QUALITY - Dunn-Howell Cleaning Co. . -. - -txezar cleaners akd dtebs. OBeo. Tsrboreegh Bldg. . Pboao 111 Plsat, fish St. " yr, K DTTN1T, Prsaldtst B. E. DUKN, Tles-Prssidtit H. CLABENCE HOWELL, Soerstary-Treasursr ' "jntniiiuitintiiuti . StenogTaphy-Typewribn-Booldceeping ; ,,' STDDT THESE COURSES. TOU ARE ; ; WASTED AT A GOOD SALABT. Let your training bs thorough sad r liable. - The Bammsr Session sf . ths Smithdesl Buaiaees College offers you aa opportunity M rais Sar own salary or equip yourself for a refined sad lucrative position. ready for aa activs fall. . Our faculty will sdvaaes ysa rspldly.--Writs for catalogue. r. ' , , .. v . : - ' . r '. 1 fcLDBSTJBU3INSS COLIBG& IN TUB tSOUTH. oo rMtnMsltasi(ttii(MtfniHVVVM If tltrilllMlitartitrtsnveoeinviri riliHUooeraMOic4rtmttiMf iHiioae Most anto-pollahes lsavs the sur faoo greasy, so that they oatch dust auleily. Uere's one that doesn't LiaX the Of sassiest Bblas. ... It laawee dry, hard, gUstoninf finish that lasts for days aad da ye. It elaana ths metal parts too. Try It ea tha old "boe'V GU8T.will tnaks it look like it's asw-Adv. Do TouWut. Every "c Day; Were Sunday? De yoa- wale wUhiag yoa "never had a i an '-a-wreaj- uwuwk w miui am .1 H I . . I . . . . . . . bitioat -rz:T t--- r Do yoa kaow why f It ta beesses year blood ii tali, because your dlgos tivo powers srs wssk. ' Boeauss ths asurishmsat which ssftda rkk red blood eoarsbg through your veins Is taek ing, Your body hss become like aa engine out of fuel it is slowlBg ap. tea are facing the great tragedy st a final stop -Bales yea act. - Ym seed bunder, ft aoarbhsf t but U a mild, easily assimilated form that wiu build back your vttsl power ssfsiy. Tea aeed Ualtogea. It soatiJns just ths slements aocosssry to parity aad sarUh the blood, tone p tha digestive system aad put that aid-time yop" ia year step. -..... Maltogsa is ast a aow aad an triad strsagthsaer. Thousnads sf asoa aad womea testify to the good it has eons them. - Msiiogcft son tains just these thing -year -doctor woald prescribe for you a sompcund sf Malt, fJxtract, Caill.i. SirMiiili. ul Raaaarm. Ons btttls st Maltogsa will prove to yoa, as -H has to thoasaas, that there ta aa easy, sure, sua 'way dsci ts health. Mattoisa is sold by most losd- ii. ui- a ..u. ins. njiuua umiiMi . . ' Cold ia Baloigh by T. -W. Parker Bru Co. Waltoaa Drug Store, Gal loway Drug Co, aad eae good drag store ia sack towa-CAvj - ' i i-J CAPITAIi-lTTER Wiviiiliiva ; Pablui Steitosphs)r : Yarboroujh Hotel Ua MATHKCTMgr. . Pboas 11M DETAILED COUNTY MAPS : Made By ' ' vTELU as BKUnrLBT : - ftoeky Ueuat, N. a Iaformstioa apoa request. $666 W still hmvt) somt glzet1 in these fin Kid Pumpa now troirjc for $6.66 v All White ReigTiAkin Ox. fords. Pomps and Ties now : . . $5 . 98 ,124 FayetterUle SL nramtiiniiniiiuraunii th snd Brosd Stt.liduTiond,yh. . "littr-ifiillHMiiini
The News & Observer (Raleigh, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Aug. 13, 1920, edition 1
2
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