North Carolina Newspapers

w/ :W ItM bUaMl the trail pro- gma la the "State of WUfcM" For SM» year*. >«im1 alt, tHA ia dedlMted great of Wilhaa • PuUished Mondays and Thursdays $1.00 IN THE STATE—$1.50 OUT OF THE i frr & ROOSEVELT IS fiwTSS1»! Wilkes Banking Institutions Are Soum Throng Looks On i CABINET OFFICERS OF THE NEW PRESIDENT Close Along With Other Banking Attended Service At Wash ington Church Just Be fore the Inaugural j BEGINS WORK AT ONCEi Delivers Brief But Sharp Ad dress Immediately After Taking Oath Washington, March 4.—Frank lin I). Roosevelt in solemn cere- | moiiy today became President of ; the United States and acted promptly to carry out his pledge , of a "new deal" for a nation 'lar- ^ rassed hy economic adversity. He waited only for the tia.li- tlonul inangur'al parade with its gay music ami glittering nni forms to pass liefnre plunging in- , to the huge task awaiting liim. First he summoned his catnnet members to the White Ilmise to be sworn in b.v Supreme Coiiit Justice P.enjamin Uardo/o. A spokesman said he was desirous of having tliem shoulder llieir do- , partniental rcsponsihilities with out delay. ItocU to Work After a brief r>-sf in wiiicli he greeted old friends wlio i'ii!l, d at the White Iloiise. yir. Itoosi-.i'll again returned to work. Inaii.giiration day liroke cool and cloudy. Tlie siiii hioke through the cloiuis now and then to elieer the _yast crowd, whii li thronged into Die citv for the cerenion.v, but tlie day remaitied Hom;r Cummings, of Connecticut, who was appointed as governor- genera! of the Philip pines, has been desig nated to serve tempo rarily as attorney gen eral, the post to which the lat? Senator Thos. J. Walsh was appoint- cii. I Statement Issued Today Relative To Closing of Bai^ and Building and Loan Associations; Complying With Proclamations of Premdent and Governor William H. Woodin Secretary of Treatury Cordell Hull Secretary of State George H. Bern Secretary of War Claude A. Swanson Secretary of Ptavy Wilkes banking institutions, which, include the, BankiJ North Wilkesboro, the Deposit and Savings Bank, the No Wilkesboro Building and Loan Association and the Wilk^ boro Building and Loan Association, did not open this me ing in compliance with the proclamations issued yesterda^ b^ President Franklin D. Roosevelt and Governor J. C. B. inghaus. However, all of them are in sound financial cob dition and closed only in compliance with the official order., y The local institutions will be closed for four days—Moni^ day, Tuesday, Wednesday and Thursday—by executive procl^^ mations and are not permitt^ to engage in any busine'* transactions. • Meanwhile there is a spirit o| j optimism evident in the city and I busines.s was going on as usaa^,, I today. Bankers, business jand the public generally took th^- I view that there is no catise fof ! alarm. The hanking holiday to-' viewed as a nation-wide moT*- cold. Women in •■xpcn.sive fur coals, shop girls, laliorers in overalls and many ragged unemployed lined the spacious street and cheered lustily as Mr. Roosevelt’s limousine whisked past en route to 'St, Johns Episcopal Chiircii. Tliere. at a special service, he knelt and asked divine giiidanee In the tremendous responsibility confronting him. He and members of his fam ily incliiditig his 80-year-old mo ther, sat with bowed head.s dur ing the brief service. The rector who taught Mr. Roosevelt as a •boy in Croton School and who married him and Eleanor Roose velt 2.8 years ago. pronounced the blessing. Stonii of .-\j>|»buise A new storm of applause heralded him as he walked from the church to his place in his automohile with Mrs. Roosevelt. Again when the car liearing him and President Hoover swung out of the White House grounds into Pennsylvania avenue for the trip to the rapilol there was frenzied acclaim. This, however, was hilt a mild forerunner 1o what which he received on the return journey that time as the new f’hjef Executive. (Contin '.d or. page fourl Henry A. Wallace Secretary of Agriculture Harold I ekes Secretary of Interior James A. Farley Postmaster Central Daniel C. Roper Secretary of Commerce Miss Frances Perkins Secretary of Labor Cowles Seeks To Take Wilkes-.Out Of Absentee Law Introduced Bill In Hou.se of Repre.sentatives On I.a.st Friday SOME COUNTIES OUT Copy of Bill Not Available; is Measure To Exempt Wilkes County E.xemption of Wilkes county I from the provision? of the ahsen- Out-Building At H. D. Reid’s Burned Today An ont-huilding in the east end of the city, owned by H. H. Reid, colored, caught fire alioiii noon today and a number of chicks were imrned to death, it is stated. The fire department an.swered the alarm and prompt ly extinguished the fire and pre vented the blaze from reaching nearby buildings. tee voters law is .sought in a hill inlroditced in the legislature last Thursday hy Representatix'e Chas. H. Cowles. The hill, a copy of which is not available here at tlie present lime, would merely take Wilkes out from un der the slate-wide law. Some counties have sought e.x- emption from the law, but so fur as is recalled at the moment, only Hitncomhe county has received favorable legislative action. Bun combe WHS excepted under an act of tlie legislature. Tlie alisentee voters law has Inteii the target of considerable criticism, the charge being made tlial while abuses may not lie so numerous as is sometimes claim ed. the law should he repealed in the interest of fair elections. No action has t een taken in the committee on tli^ Cowles liill so far as is known here. Mayor Anton J. Cermak Dies of Bullets Intended For Roosevelt Succumbed This Morning Aft er Valiant Fight For His Life Mayor Anton J. Cermak. of Chicago, died this morning from ■wounds inflicted when he stopped bullets intended for President Roosevelt. He was in a hospital at Miami. Fla. ' Aid^ by every art known to present day medical science. May or Cermak put up a valiant bat tle against death, but the odds were against him and he suc cumbed early today. The Chicago mayor, an inti mate friend of Mr. Roosevelt, was standing near the then PresMent-elect when Zangari at tempted t o assassinate M r. RooseveU, Mr. Roosevelt was nn- tonebed. ■ During the two and one-half weeks which followed, Cermak lieM on to life by a narrow Club Royal Committee To Meet Tuesday Night The constitution and by-laws committee of T ne Club Royal will meet tomorrow (Tuesday) evening to di’aw up the consti tution and by-laws. Meeting,with them will be the officers of the organization. The conimlttee is composed of Ivey Moore, Dr. W. K. Newton and Richard Deans. Officers of the club are Ernest Blackman, president: Ed Vannoy, secretary, and Jim Kilby, treasurer. A regular meeting of the club wilUbe held a week from tomor row night. Blackburn And Cowles Are Here For Week-End Senator J. M. Blackburn aO'd Representative Chartes H. Cowles came up from Raleigh to spend ithe week-end at their homes In I'the ■ ’Wilkesboros. The Wilkes isolons conferred■ Informally with 'a number of their constituents j while here. PRESIDENT'S PROCLAMATION Washington, March 5.—The full text of President Koosevelt’s proclamation on the banking situation follows: Whereas there have been heavy and unwarranted withdrawals of gold and currency from our banking instilution.s for the purpose of hoarding; and Whereas, continuous and increasingly extensive speculative ac tivity abroad in foreign exchange has resulted in severe drains on the nation's stocks of gold; and Whereas, these conditions have created a national emergency; and Whereas, it is in the best interests of all bank depositors that a period of respite be provided with a view to preventing further hoard ing of coin, bullion or currency or speculation in foreign exchange and permitting the application of appropriate measures to protect the interests of our people; and Whereas, it is provided in section 5 (B) of the act of October 6, 1917, (40 .Stat. L. Ill) as amended, “Thai the President may investi gate, regulate, or prohibit, under su:h rules and regulations as he may prescribe, by means of licen.ses or otherwise, any transactions in foreign exchange and the export, hoarding, melting, hr earmark ing of gold or silver coin or bullion or lurrency, *’ * *; and Whereas, it is provided in section 16 of the said act “That who ever shall willfully violate any of the provisions of this act or of any license, rule, or regulation issued thereunder, and whoever shall will fully violate, neglect, or refuse to comply with any order of the President issued in compliance with the provisions of this act, shalL upon conviction, be fined not more than $10,000, or, if a natural person, imprisoned for not mord than 10 years, or both, * * *. Now, therefore, I, Franklin D. Roosevelt, President of the United .States of America, in view of such national emergency and by virtue of the authority vested in me by said act and in order to prevent the export, hoarding, or earmarking of gold or silver coin or bullion or currency, do hereby proclaim, Order, direct and declare that from Monday, the sixth day of March, to Thursday, the ninth day of March, nineteen hundred and thirty-three, both dates inclusive, there shall be maintained and observed by all banking institutions and all branches thereof located in the United States of America, including the territories and insular po.ssessions, a bank holiday, and that durin," said period all banking transactions shall be suspended. During such holiday, excepting as hereafter provided, no such bank ing institution or branch shall pay out, export, earmark, or permit the withdrawal or transfer in any manner or by any device what soever, of any gold or silver coin, or bullion or currency or take any other action which might facilitate the hoarding thereof; nor shall any such banking institution or branch pay out deposits, make loans or discounts, deal in foreign exchange, transfer credits from the Ignited .States in any place abroad, or transact any other banking business whatsoever. During such holiday, the secretary of the treasury, with the approval of the President under such regualtions as he may prescribe, is authorized and empowered (a) to permit any or all of such bank ing institutions to perform any or all of the usual banking functions, (b) to direct, require or permit the issuance of clearing house cer tificates or other evidences or claims against assets of banking insti tutions, and (c) to authorize and direct the creation in such banking institutions of' special trust accounts for the fttelpt of new deposits which shall be subject to withdrawal on demand without any re striction or limitation and shall be kept separately in cash or on deposit in federal reserve banks or invested in obligations of the United States. As used is this order the term "banking institutions” shall in clude all federal reserve banks, national hanking associations, banks, trust companies, savings banks, building and loan associations, credit unions, or other corporations, partnerships, associations or persons, engaged in the business of receiving deposits, making loans, dis counting business paper, or transacting any other form of banking business. _ Doughton Will Be Chairman of Ways, Means Committee Ninth District Congressman Pi-actically Certain To Get Post ! RAINEY NAMED SPEAKER Will Head Most Important Committee In House of Representatives Friends of Congressman Rob ert U. Doughton, of Laurel Springs, wno represents the ninth district, rejoiced at the iiew.s that the way has been cleared for his election as chair man of the powerful ways and ineaiis committee. , The election of Hnry T. Rainey of Illinois, as speaker to succeed John N Garner, who Saturday became vice president, virtually assures the choice of Mr. Dough- ton for the chairmanship. Rainey was elected at a Democratic cau cus Thursday evening. Tile committee of which .Mr. Doughton will be chairman is one of the most important in congress. i Mr. Doughton follows in the I footsteps of the late Claude i Kitchin, who held .hat post tpr 'a number of years. Election of the committee i chairman will take place as soon I as the special session of congress Proclamation Providing For Holiday Is Issued Kaleigli, March 6. — The proclamation Issued by Gov. J. B. Eliringliaus today de claring a three-day. hank holi day in North Carolina fol lows: proclamation by the gov ernor: “To all to xvhoin (hese pre- iscnt shall come—greeting: .... "tVhereas, an emergency lias arisen whlcli is nation wide and which threatens the hanking institutions and the rinaiicial life of our own state, and “Whereas, practically every state in the union ha.s de clared a banking holiday, and “MTiereas, a sound public iwlicy suggests that we pro ject oiir own stale again.st the danger which arises from the action of our states, and which threatens to leave us Isolate^ unless similar action is takeil** liy us, and “Whereas, the ooinmlsslott*" er of lianks and the advisory' banking eoinmlsslon, and prac tically unanimous sentiment among the bankers of our .state, representing both state and national bunks agr«-> that such 'ai-tlon is necessary, anfl “Whereas, a number of fH^^ eral reserve banks have su- H|>ended their normal^ o|ier- ations. “Now, therefore. I, .John C. It. Ehringhaus, governor of North Carolina, do he^'by proclaim ami set aiwrt .Mon day, Tuesday and Weilnesday, March «, 7, and 8, lOlW, as a hanking holiday throughout North- Carolina. All lutnking institutions, both state and national, doing busines.s in this state are hereby enjoin ed and commanded to oliserve tlie tliree day.s as holidays with tlie same force and ef fect, in tlic same manner and to the same extent as legal Itolidays are observiil in tills state.” I (Signed) ,IOHN C. B. KHBIN’GH.AUS, Governor of tlie state of North Carolina. ment to restore confidence ant , to work out an arrangement [whereby every liepositor’sr money I will be guaranteed. Deposits exceeded withdrinrJ® ' als at the Iianks Saturday, it la reported. Business was norinil and the three-day banking holt- ‘ day found the institutions of Wilkes in excellent condition. The feeling that the proclam*-v* tion is only temporary, and will- be lifted immediately is expresj^jf ' ed in a statement issued today I by the Wilkes institutions. Local? . : business men, as well as bankets, i expect business to move along an'.; i usual and to continue in this' j manner when tjie banking holi day ends. ! Following is the statement to-' [sued by the officials of tha j^rtlkeS .banking and loaning houses; “We, tbs.financial institutioba of Wilkes County, beg to advisa ' the public that our Institutloan’ i are solvent and have only sa- spenifed business in complianoa- I with the proclamation of thsr i President of the United Stateat and the Governor of North Caro- i Una. We fSjfl that this proclama- |tIon is Only temporary and whea I lifted we^ will be in position to I comply with such regulations aa I the Government pay provide. “Rank of North Wilkesboro, / J. . !Owyu. Cashier. '! i “Deposit & Savings Bank. R. i I I.: Doughton. President, C. T. i I Doughloh, Cashier. ' * “North'WiTK^Sb6f?)*^»rtlding ft;'! Loan Association. J. C.. Relnbii H , President. J. B. Williams, Secr^J 1 tary-Treasurer. jjl. 'Wilkesboro Building & Ima»\i Association, J. H. Johnson, Prea-.M ident, W. Treasurer." Stroud. Secretarj^ Raleigh. March 5.—Governor •; .1. C. B. Ehringhaus declared 0,5 ! three-day. mandatory bank hoii5j;[ I day, today, for North Carolina. j I No bank in the state .is to be:.-^ ■open Monday, Tuesday or Wed^^ • (Continu'd on page four)’*' " I is called. Home E. G. Durham' Destroyed"fiy Fire! Wilkesboro Woman’s Club Sponsors' “Clean-Up Week”; Work Starts Toiilj Proclamation House Located At Mountain' View Goes Up In Flames • ;:x f; With All Contents i The home of E. 0. Durham, lo-1 cated in the Mountain View com munity, was completely destroy- pd by fire Thursday afternoon about 2 o’clock. All its con tents were burned, nothing be-1 ing saved. ? ■ Mr. Durham and Mr. A. Cau-1 dill' were present when the fire j was discovered. They poured wat- i er on the fire and carried the hcuise furnishings toy^tety, it is stated, but thought they had ex tinguished the fire and a few minuutes later, took everything back into the house. According to reports, only a tew moments 1 later, the entire house seemed to ! burst into flames nothing could be remov'ed.'^ The loss was partly covered by insurance. ^ This is clean-up week for the Town of Wilkesboro beginning Monday. Mareh the flth. Tlie citizens yill please take Mtlee and cooiierate with the Wo man’s Club and the town of ficers, and let’s clean up and l)ediutify our town and make It s better plaee to live, and thereby altract other pmple to it. Respectfully, W. E. HARRIS, Mayor. W^on ■ :k Up 1 Friday To Pick Up In the Town Minstrel At Mountain View Wednesday Night “Clean-up Wetk" tot the towal oUWilSiSl&^As^j^g sponsor by the Wilkesboro Woraan'Si Club and beginning with todaj (Monday) citizens of Wilkesbor are asked to make a special 4 fort to make their town more at tractive. ’ ^ A wagon to carry away •d^^’tilated rubbish will be nisheii by the club Friday, old cans, paper and other should be placed on the sti Mrs. W. A. Taylor, of this city, visited her daughter, ■ Mrs. C. W. Irvin, ot Qreensboio, dur ing the week-end. “• Attorney Ralph G. Bingham, of. this city, is in Statesville to day attending to professisnsl business. aryls’ -iThe seg- retary of the' treasury: WtflWW H Woodin, severed his business cennectlons. toilay. ", ' The minstrel which was to have been given last week at Mountoin View high school will be presented Wednesday night, March 8. at 8 o’’clock. The public is. .cflrdlaUs,to wee this proifalie* to ^ one of nnusual Interest land en-' tertainment. by Friday morning so iba^ wagon may carry it away w Mrm Wniter Gentry, of Lomax, Is a paUent at the Wilkes bos- plUl this . week.. . —-• — - Mr«. C. F, Morrlaoif is man of the “clean-up” com^_. and if anyone is overlook^ij ing the drive, she should 1)^ ed immedlateiy, ^lub • state. The- chib has adopted gan, “Clean-^Up and Ke^p^ Bverjf. ciUien operate so .. drive may ta a eAcftlikiL:; -yr.