Newspapers / The Times-News (Hendersonville, N.C.) / Dec. 12, 1933, edition 1 / Page 1
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— , '-lit WEATHER Possible rain tonight or Wed nesday: little change in tempera tor«* . y > W "r"al "I1 GOOD AFTERNOON Working for PrwUtnt Roose velt has its compensations, if it's only from writing columns after being fired. VOL. 52—No. 296 HENDERSONVILLE, N. C., TUESDAY, DECEMBER 12, 1933 SINGLE COPIES. FIVE CENTS NEW TREASURY SHAKE-UP IS LOOMING XXX Aft X * XXX V V « V U ■ at at at a s 3t a Believe Stabilizing Dollar Is Near NDICATIONS If MOVE SEEN BY PARISIANS Jvertures for Stabilizing Pool Said To Be in Progress There KANCE IS FEARING NEW FUGHT OF GOLD Bv WALLACE CARROLL 'n/.ec Press Staff Correspondent Cop>r;?ht, 1933, United Press) ;u::s. Doc 12.—(UP).—De ■ .>!- t't om Washington. . -si-ted In woll-int'ormi-d today that Federal J officiaN have been • .i* >-n> with the Bank of '-ar the Bank of England I ar. • :r ' to effect the early sta the dollar and pound t'*i Press has boon in i:- • .ankinjr circles that the l . i'.e-erve bank recently r ' rn officers of the |i- Kn-riami. sucirestin«r joint u •: of the noumi anil i > ■ :? 'he cold standard . - • near future. - Bank of Enrland then c.- ;• the Bank of France r • ' '-vible repercussions of t -'abilization ? '.an on the l inc. it was revealed re If! ;V. |Sta ments from Washington - > 1- ntrarv notwithstanding, the, fc— persisted last nijfht in an-' k::i* ve quarters that President) ■ !vo!".ised the Bank ot Briar : and the Brank of Franoe w ild not raise the priw I- : red bv Washington i If •• v . SO an ounce, without i I'.-' i'c Thenv I Fren bankers interpret thi^; In mean * it :he President is al f ' with the dollar'. I rea iv to try to possibly before con-' T . '.y in .January. Kr and French were I - ■» ' • Paris to be preoc l:: ■ ' ■ :r.v possible flight of " ■ a* : the Unite*i States ^ '.'.a; - -tabilizco f-. ■ I inf British were saia to i*ai r irawa! of millions of dollars f capita' sent to London by .mca's when the United States tor i n the gold standard la.;t >:n '.av'.y, the French fear 2. interest rates and th ■fu.ar.w possibilities in New ay attract foreign capitnl • ' t seeking safe refuge ;n till on gold. This sum is : variously at h tween ^,000.000 francs (about - '0.0 )0 at ye. ie' day's ex !arge' and 25,000.000.000 i- (S 1.525.000.000). ; fc .Minister Georges Bor • • atedlv has warned of the *v of withdrawal of cap l ■ France following the i' '.n of th" dollar and ' « rling. unless Franco's .. e put on a sound basis. Il'r ' i of the government's ,'et estimates in th" (Cor: iiied on page three) Elders Chosen By Presbyterians ' i concrreeational meeting oT i Pftv-byterian church held Sun v following the morn r " ' ce. three elders were add ' ' -ession of the church. three gentlemen elected to r members of session are r" > L. Woodward. H. G. Love Yeomans. Prof. Wood Mr. Yeomans are already •" an elders, having served ;'che.s before coming to nville. Mr. Love has been of the board of deacons al church for a number '/'arv y i nation and installation ' the new members will a* an early date. w* BO OU» PAUT ^jv»iend payments ordered r -7<J corporations aggregat $261,966,317 ^gainst $120, 46«bl by comp *' *nd $270,50t 0 November, 1932 * !0 per cent g* wl .**'*•» bringing , '!,tn,as to $200,0 by the Toy g. s r"Ars **»ociation in Oc 50 by 742 retail i this 00 is anu the Defend Drug Act, Under Hot Fire Fight over the new food, drug and cosmetics act. raging- in Senat? sub-committee hearings, was climaxed by a demand for resignation of Senator Royal Copeland, New York, shown at right, as he and W. (/. Campbell, food and drug administrator of the Agriculture De partment .examine exhibits of condemned products. Chairman Cope land. witnesses charged, is biased and can not give the bill a fair hearing. VALLEY MASS MEETING SET Speakers Named for Wed nesday Night Event at Mills River Speakers announced for the f mass meeting to be held at the Mills River school house Wednes day evening: at 7:30 o'clock in clude W. M. Too me r, prominent Jacksonville attorney now resid ing at Naples. S. P. Yerner. form er appraisal engineer for the Panama Canal commission, and Glenn Marston, associate editor of Public Service Magazine. The question of flooding the | upper French Broad Valley will be discussed from the point oft view of the legal rights of the property owners and adjoining I territory to be affected, the pos sible attitude of the government | in condemning land for reservoir purposes, and the economic value of the land to be destroyed as compared with the value of the I power to be produced. G. D. White, special instructor in agriculture at Mills River school, will speak on an alterna tive plan coming within the scope of the Tennessee Valley program, which includes agricultural de velopment as a chief factor in regional planning. It is believed that plans can be submitted to the Tennessee Val ley Authority which will permit the extension of agricultural re search into the French Broad val ley along lines similar to the au thority's plans for other sections, particularly along the line of in tensive truck gardening, which will preserve the scenic and agri cultural usefulness of the French Broad section. Other citizens who have agreed to attend and express their views include Mrs^.C. J. Jeffress, Coun Ity Commissioner T. L. Durham, | L. L. Merchant, and T. M. Os ; borne. REDS WELCOME ENVOY OF U. S. Reception of Bullitt on Ar rival There Unusually Cordial By JOSEPH H. BAIRD United Press Stuff Correspondent MOSCOW, Dec. 12.—(UP).— Diplomatic relations between the United States anu S-viet Russia were formally established for the first time in the history of the Bolshevik government here with the arrival yesterday of U. S. Ambassador William C. Bullitt. Bullitt, first American diplo matic envoy to the Soviet union in the 16 vears of its existence, was met at the station by a throng of Sovit-t officials, Ameri can newspapermen and photo graphers, local American resi dents and a cheerinir crowd of Russians. Foreign Commissar .Maxim Lit vinov, overstepping the strict limits of official etiquette under which only the chief of protocol greets an ambassador who has not yet presented his credentials, sent his personal reurosentative, L. A. Divilkovsky, to welcome Bullitt to Moscow. Alexander Troyanovsky, named Soviet ambassador to the United States, also was anions the Sov iet officials welcoming Bullitt, who was frankly pleased as the warmth of his official and public welcome. The party went by mo tor car to the National hotel, where a suite has been put in readiness for the ambassador and his entourage. The ambassador's reception was unprecedentedly warm for a new ly arrived envoy, even the Rus sians admitted. It was regarded as a good omen for future rela tions between the Russian and American peoples. The ambassador's first offi cial act was an informal visit to Foreign Commissar Litvinov. He thereafter proceeded to inspect the possible site of the new Uni ted States embassy. He plans to present his .credentials on Wed nesday. ; France May Completely Ignore Debt Installment Due Dec. 15th I "Not Attempting to Break Signed Agreement" But May Not Even Send U. S. Note on Situation PARIS. Dec. 12 (UP).—Franco will completely ignore the debt in stallment due the United States on December 15. the United Press learned today. Unless there were a last-minute I revision of the government's atli • tude, it ?s probable that France | will not even dispatch any note | explaining the default, as she did on July 15. The cabinet, discussing econom ics and national finances, touched only briefly on the United States) treasury's memorandum to the debtor powers, and "failed to take , action." i Members of the cabinet assert ed that circumstances were un changed since July, and that France feels obliged to defer fur ther payments until she is offered a new debt arrangement. It was stressed, however, that France "is not attempting to breaK the signed debt agreement." SENTENCES "STIFF" WINSTON-SALEM, Dec. 12<— (UP). — Declaring that he was "going to give stiff sentences be cause the people of North Caro lina want this state dry," Judge T. W. Watson in municipal court yesterday sentenced Early Creed, White, to a year and a day on the roads for transporting whis key. GERMANY AND FRANCE TALK DISARMAMENT POSSIBILITIES AT BOTH PARIS AND BERLIN SAY ■ EUROPEAN) ALIGNMENTS! NOW CHANGING Drift Toward Old Central Powers Bloc Grows; England Neutral BY FREDERICK KUH (Copyright, 1933, United Press) LONDON, Dec. 12.— (UP). Future alliances of European pow ers, on which the peace of the j world may rest, are at stake to-' day in secret negotiations under ' way in London. Paris, Berlin, Mos cow. Rome and the lesser capitals on the continent. This jockeying: for position in a new "balance of power" in Eu rope is believed by observers to1 be one of the principal motives i prompting the aloofness of the United States since Norman Da vis. chief arms delegate, returned to America. Behind the armament parleys; and the moves tc reform th<* j League of Nations. Europe again is gravitating into two camps: 1—Germany. Italy. Austria and Hungary, with Great Britain in clined toward a benevolent neu trality. 2 —France, Soviet Russia, Po land, Turkey and the Little En tente—Roumania, Jugoslavia anct; Czechoslovakia. r ft Observers believed that one of : the next shifts will be for mem bers of the Little Entente to rec ognize Soviet Russia. According to non - Russian sources, the proposed pilgrimage of the French foreign minister, Joseph Paul-Boncour, to various East-European capitals may in clude a visit to Moscow which, ;f ' undertaken, would be regarded a gesture indicating the new in timacy and understanding between France and the Soviet Union. The background of these his toric and far-reaching develop ments includes the following moves: 1—Chancellor Adolf Hitler is reported to have told the French that Germany demands an army of at least 300,000 men, instead of 100,000 allowed by the Treaty of Versailles, or 200.00U as sug gested under the British proposed arms accord. Hitler reportedly also demands 700 military pursuit planes and the immediate .return of the Saar Basin to the Reich. 2—The French attitude on (Continued on page three) VETERANS ARE ON PREFERRED WORKERS LIST Due to Get Jobs After Re lief Work Quota Is Complete Ex-service men are entitled to preference in the distribution «>f jobs under public funds after the quota set aside for relief has been filled. Commander L. B, Prince of the American Legion stated today. Veterans must register at the national re-employment office, Mr. , Prince said, and preference is given at the time of sussignment ; to jobs. When registering, veter i ans should tell where they live and in what sections they are wil 1 ling to work. In registering, it is necessary for them to state where they will work, in addition to giv ing their mail address, and those who have already registered by :mail only should go to the re-em ployment office at the city hall i and also state where they will work. The re-employment office and CWA office are trying to carry out this provision, Mr. Prince said, but relief needs must be pro jvided for first. In order to be employed from these offices veterans must be un employed, and all unemployed should register at once. Those not at present registered will have to wait for new projects. In cases where veterans were registered but not yet put to work, an effort will be made to correct any error made in assigning work, Mr. Prince i said. , This preference, he said, applies j to those in the army or national guard in time of war or peace. I French Envoy Goes to Ger man Capital to Confer With Hitler Bv RICHARD D. McMILLAN PARIS, Dec. 12.—(UP).—The long-awaited direct disarmament negotiations between France and Germany were launched simulta neously in Berlin and Paris yes terday. Foreign Minister Joseph Paul Boncour received the German am bassador, Roland Koester, at the Quai d'Orsay, while in Berlin. Chancellor Adolf Hitler conferred with the French envoy, Andre Francois-Poneet. The United Press learned that both at Paris and Berlin, tlu» statesmen centered their initial discussions on the procedure of future conversations on which it was hoped an understanding would be reached salvaging the wrecked Geneva arms parley. The opening of the negotiations directly with the Nazi regime ir. Germany coincided with the pass age of the government's 1034 budget estimates by the chamber of deputies after a dramatic all night session Sunday night. The government hesitated to venture into international nego tiations as delcate as these arms parleys with Hitler until assured of a solid parliamentary majority. Premier Camille Chautemps, how ever, now feels his cabinet is suf ficiently strong in parliament to deal directly with Germany as well as to meet the Italian maneuver to reorganize the League of Na tions. r resn m.sirutuuu.i ncir nsu>. to Ambassador Francois-Poncet shortly prior to his audience with Chancellor Hitler in Berlin, it was revealed. The envov was asked to request enlightenment from the Nazi leader on certain points in his program for these direct ne gotiations. It was understood that the French demands concern the Nazi program for military organiza tions in the Reich. Hitler recent ly demanded that the Reichswehr be increased 300,000 men. to give Germany a regular professional army of 400,000 men, while con serving Hitler's militia. The fact that the French did not begin by definitely rejecting the German plan for rearmament was considered highly significant. However, the Reich's attitude to ward the Nazi Storm Troopers and their part in the new arms program across the Rhine possibly will dictate France's future atti tude during the parleys. The French were believed to be studying counter-proposals, such as recognition of a German se cret armament as a concession to bring Germany back to the League of Nations and the Geneva arm* conference, which she quit Ia*t October. However, such recogni tion would have to depend on Bri tain's agreement to give France a guarantee of support in any ac tion to be taken if Germany over stepped the bounds in rearming, and also agree to a system of control over Germany's arms. FLIGHT HALTED MIAMI. Fla., Dec. 12.—(UP). High winds Monday halted the at tempt of Frances Harrell and Vi o^a Gentry to set a new endur ance flight record. TOBY <f SI' 'I- * *//////.'.I : zii-i www When the Wise Men spoke, say ing that they had come to wor ship Him who had been born kin? >f the Jews, having seen his stai fn the east, Herod was greatlj troubled and all Jerusalem witl him. LINDBERGHS ON FLIGHT TO PORT OF SPAIN Perilous Trip Over Jungles and Mountain Begun Early Today MANAOS, Brazil, I)cc. 12.— (UI').—Col. arui Mrs. Charles A. Lindbergh took off at 0:48 a. ni. today (-1:48 a. ni. EST) for a dangerous l>00-mile flight to Port of Spain. Trinidad, off the coast of Venezuela. Homeward bound after five months of flying, the Lindberghs' course lay over jungle and moun tain on their way to the coast from this port, which is 1,000 miles up the great Amazon river in equatorial Brazil. It was understood they would parallel the Rio Negro to its junc tion with the Rio Branco and fol low it north to its headwaters in the Serra Pacaraima mountain". They would pass on the way the outpost towns of Boa Victa and Fort Sao Joaquin. Lindbergh asked here if there was sufficient water at Boa Vista to alight if he wished. From the Branco, the course over the mountains near the Ro (Continued on page three) ;J MEN BURIED IN BIG SLIDE Newfound Gap in Smoky Park Scene of Acci dent Today KNOXVILLE, Tenn., Dec. 12. (UP).—Throe workmen were be lieved killed on the Indian Gap highway, just across the North Carolina line at Newfound Gap, in the Great Smoky Mountain Na tional Park, when a ditch in which they were working caved in on them. Nine men were working in the ditch and all were covered. | | Six escaped with injuries and, were brought to a hospital at Knoxville for treatment. J An upper wall of dirt 16 feet high fell in on the three. They • were given no chance to be alive | and rescue workers said it will be i sometime this afternoon before I they can get them out. Names of the three men are: Hobart David, Asheville; Edgar Smiley. Bryson City and Robert j Brooks of Bushnell. PICK JUROR IN PRICE CASE State Nol Prosses Charge Against Wayne Potter; to Push Another | WAYNESVILLE, Dec. 12.— j (UP).—The state took a nol pros with leave in the case of Wayne i Potter. 14. on a charge of mur der in the slaying of Thomas Price, retired Union Pacific rail road official, but will press a con spiracy count against the youth. Young Potter's father, Dewey Potter, is the chief defendant, i Dewey, his cousin, Eric Ledford, and his brother. Clarcnce Potter, , are still charged with murder. Only one juror had been select ed from the panel of 125 veniro ! men shortly before noon. High Goal Set For Mellon, Jr. Richard King Mellon, above, tak ing: over his father's desk in Pittsburgh, faces one of the hard est tasks ever delegated to a young banker—-to maintain the records set in the financial world by the triumvirate of the late It. B. Mellon, his father; the late Judge Thomas Mellon, his grand father, founder of the great bank ing house; and his unclo, Andrew W. Mellon. OFFER CHANGE! FOR DRUG LAW Interests Intensify Their Opposition to Tugwell Copeland Bill BY WILLIAM A. BELL WASHINGTON. Dec. 12. (UP) —Drug interests intensified their opposition to the proposed Tug well-Copeland Pure Food bill yes terday bv offering a substitute1 proposal involving important ad-1 ditions to the present Pure Food i and Drug Act. While admitting that the exist ing law contained significant de fects. these interests contended that malpractice could be elimi nated bv broadening of its defini tions to include devices, cosmetics and advertising without imposing the rigid restrictions of the Cope-; land bill. "Our contention is mac inc present law is wholly adequate,"1 said Harry B. Thompson, counsel for the Proprietary Association, a member of the National Drug Trade Conference. "If it is prop erly adjusted and properly en forced, conviction of violators is practically certain." Principal opposition to the Copeland bill by the interests Thompson represents, he said, is that its enactment "will amount to denial of the right of trial," placinsr the regulatory powers en tirely at the discretion of the de partment of agriculture and the subsidiary Pure Food and Drug administration, instead of with the courts. Complaint also was made of the "ambiguity" of defi nitions of adulterations and mis branding contained in the admin istration measure. Thompson said that some of the restrictions of the Copeland bill were so rigid that they might pro mote bootlegging of drug prod ucts, particularly cosmetics. In his proposed amendments, 1 provision is made for regulation of advertisements, "but it is lim ! ited to representations of fact and I excludes matters of opinion," he j said. Thompson explained that i the substitute proposes to hold I guilty persons "primarily respon I sible" for misrepresentation of j fact. Such a classification would I exclude newspaper publishers or others not directly connected with | advertising claims, who would be 'liable under the Copeland bill. Government Plans Advance Of 4 Cents A Pound To Cotton Farmers Would Affect 600,000 Holding Options; Pool to Liquidate Holdings Projected WASHINGTON, Dec. 12. (UP) The agricultural adjustment ad ministration announced last night a plan to advance 600,000 farm ers four cents a pound on cotton options, and to create a pool to liquidate 2,400,000 bales of cot ton held by the government and covered bv the options. Under the "option with benefit" plan of cotton relief offered farm ers in connection with the 1933 cotton adjustment campaign, the GOO,000 farmers who elected to take advantage of the plan are entitled to options at six cents a pound on the 2,400,000 bales held by the government. The plan an nounced last night will make four cents of this amount available at once. Blank agreements making the pool operation possible will be for warded to those producers who will receive options. The agree ment authorizes the secretary of agriculture to "establish on such terms and conditions and subject to such reservations and regula tions as he may in his uncontrolled discretion see fit" a cotton pool, under direction of a manager to be named by the secretary. Participants in the plan also will receive a document called an (Continued on page three) RESIGNATIONS OF TffO TO BE TENDERED F. R. Morgenthau Says Only 2 Beside Self Know Gold Price When Fixed MINIMIZESlDEA OF INFORMATION LEAK 1 WASHINGTON. Dec. 12. (UP) j—Further reorganization of tho treasury department today ap peared imminent with the resig nations of Assistant Secretary Thomas Hewes and Executive As sistant Walter J. Cummings im pending. It wag learned that Hewes in tends to present his resignation to President Roosevelt this week. Cummings, an associate of Wood in, who was given an indefinite leave of absence recently is ex pected to leave the post of chair man of the Federal Deposit In surance Corporation the first of the year to take over the chair manship of the Continental Illi nois Bank & Trust Co., of Chi cago. It was also revealed today that Acting Secretary Morgenthau has promoted Earl Bailie, former Wall Street banker, now his assistant in charge of fiscal affairs, to a po sition second in command of tho treasury department. This dis placed Hewes, who had been des ignated by the President to act as secretary in the absence of the secretary or undersecretary. FIRM "CASHING IN" HAS WASHINGTON BRANCH LONDON. Dec. 12.—(UP).— Investigation of the rapidity with which certain private financial concerns receive the daily Wash ington gold price in advance of the official announcement was un derstood to center around one or more American brokerage houses here. It is learned that at least 20 banks and brokerage houses hero receive a flesh each day, five min utes or less before the official an nouncement of the price is made. One large American brokerage house with a branch in London frequently was slightly ahead. It also maintains a large Washing ton branch and is allied with an old New York financial house. "LEAK" INQUIRY WASHINGTON, Dec. 12. (UP» —The treasury department con tinued inquiry into alleged "leaks" in its daily domestic gold price announcement yesterday. Morgenthau expressed belief that there was no leak on gold prices. The advance information as to the American gold price, he suggested, might have resulted from "guessing." "Only two people beside myself know of the gold price before it is released to the press," Morgen thau said. The domestic buying price fo gold Monday was left unchanged at $34.01 per ounce for the ninth successive day. H. T. McFall Dies At So. Caroli na Home; Rites Held ' — Father of Mrs. Glazener, Summer Visitor Here for Many Years I Mrs. A. C. Glazener had re i turned to the city today from I Anderson, S. C., where she was . called on account of the death of i her father. Mr. H. T. McFall. His | funeral services were held in An jderson on Saturday. I Mr. McFall will be remembered as a summer visitor in Hender sonville over a long period of years. TIME GUESSES Cabgie: JACOBS I Bono? Jk What NATIONS IEGSLATUOE IS CALLED Ti* "Sto?thing" I • 9 WATWlSTlMDlS^yKlAMO IS SHAPED | BY TWO REPUBLICS ? i For correct answers to thesa questions, please turn to page 5^ » /
The Times-News (Hendersonville, N.C.)
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